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I xmmt AND HUNT'S MERCHANTS* MAGAZINE, REPRESENTING THE COMMERCIAL AND INDUSTRIAL INTERESTS OF THE UNITED STATES VOL. NEW 32. YORK, APRIL Financial. Financial. J. & Phelps, Stokes I. F. P. BANKERS, OLCOTT, 4S & 47 -Wall Street, New Tork, ISSUE TRAVELERS' CREDITS, & Prince No 64 Whitely, BBOAB^VAY, NE\r ¥ORK, (Branch Office, ISO Fifth Avenue). All classes nf Railway and Mining Stocks bougbt and sold on Commission. Private Telegraph Wires to Phila'lelphta, Wilmington. Baltimore, WashinRton, Boiiton, Bridgeport and New Uavcn. CntCULAR NOTES, COmLMERClAL, CREDITS. Jesup, Paton LONDON CORRESPONDENTS: Tbe Union Bank of London. Messrs. & J Hambro C. Son. £3 Banque Centrale Anversoise, Antwerp. Pai(I-Up Capital, • • BOARD OF DIREOTOSS: Kelix Gbisar, President. Alfuei) Maqui.vay (tiruffdc Maquinay),VIce-Prea Vos iiKK Beckk Von der Uecke & Marslly). OTTO Gu.NTHER (Comeille-David). Umile de Uottal. Au. Frank (Frank. Model k Cfe.^ Aug. Nottebohm (Nottebohm B'reres). J. B. ( Kr. Dha.vls (Mlchieis Loos). Jou. Uan. Fuhr.uann. Jr. (Jota. Dan. Fuhrmann.) Louis WEBERiEd. Weber ii cie.) JULits UAUTK.NsiHAUcn (C. Scbmid & P. POTTBH. Prest. J. J. Tork. Sotmd railroad and municipal bonds negotiated. Sterling exchange bought and sold. Drafts on Union Bank of London. R. A. Lancaster & Co., BANKERS AND BROKERS, 66 BROADWAY, NEW YORK, DEALERS IK Flrst-Class luvoKtinent Securities. GOVERNMENT BONDS, STATE. CITY. COUNTY RAILROAD t MISCELLANEOUS SKCDKITIKB Bouglitand Sold on Commlssloii. Virginia Tax-Receivaf/U Coupons Bought. Interest Allowed on Deposits. GENERAL BANKING BUSINESS. Eddy, W. A. & Beasley Cashier. Maverick National Bank, Co., BROADW^AY, No. 98 BOSTON, OAPITAI,, SURPIiVS, COLLECTIONS a specialty. 9/aA Bankers DEALERS Business from Banks solicited. Satisfactory business respondence invited. paper discounted Licwis H. TAYLOR, Jr. L. NEW YORK, $400,000 400,000 H. Taylor & PHIIiADELPHIA. Aug. T. Post, Banker, BANKERS, 130 Broadway (Equitable Bnildlnc), N fi W^ YORK. LETTERS OF CREDIT BUYS AND SELLS State, City and County Securities. COHnESPONDENCH SOLICITED. Lummis & Day, DREXEL BUILDING, and BROAD STREETS, Nob. 84 and 35 Cor. WALL BANKERS AND STOCK BROKERS. William Lummis, JUembers of New Uexry Dav, li S. Kountze Brothers, NASSAU STREET, i: Car Trust Bonds. SPECIALTY OF THESE TERY SAFE SECURITIES, AND BUY AND SELL SAMS AT MARKET PRICE. WE OFFER A LIMITED AMOUNT OF DBSIRABLE CAR TRUST ISSUES, ADDITIONALLY SECURED BY THE DIRECT OBLIGATION OB" THE RAILWAY EQUIPMENT COMPANY. CLIRK, POStFa; ork Stock Kxctaaoge. ITIARTliW, 34 PINE STREET. Levy, L. (LATE OF LEVY & BORG,) DBALER IN All Classes of Investment Securities AND MISCELLANEOUS BONDS AND STOCKS, No. JS Wall Street. Lansdale Boardman, STOCK BROKER, BROADWAY, Rooms No. 80 37 & 3S. BKAKca Office, Troy, N. Y., Connected by Private Wire. ALL securities dealt In at the New York Stock Exchange bouRht and sold on commission and carried on a fair margin. INTEREST allowed on credit balances. N. y. C. & Investors. H. R. RR. 1st 73, due 1903. Cincinnati City gold 6s, dae 1906. SECDttlTIE SOUTH THIKD STREET, Deposits received subject to check at sight, and interest allowed on daily balance.s. Stocks, Bonds, &c.. bought and sold on commission in Philadelphia and other cities. Particular attention Klven to Information regardny In,Te6tment Secnrlties. New York WE MAKE A To Co., STREET, B ALTIMOB E. 3 13. Orders for Stocks executed in Boston, Philadelphia and Richmond. IN COUNTY, CITY AND INYESTMENT Bankers and Brokers, 140 GERMAN No. 8 Box Cor- LiSDLEr HAir.KS Son, BANKERS, SethH.&H.B.Whiteley P. O. BOUIHERN SECURITIES A SPEGXALII. loans negotiated. Cle.) & Cisco J. No. S9 WAIil, STREET, NEW TORK. DEPOSITS RECEIVED SUBJECT TO CHECK AT SIGHT, AND INTEREST ALLOWED ON DAILY BALANCES. GOVERNMENT BONDS. STOCKS AND ALL INVESTMENT SECURITIES BOUGHT AND SOLD ON COMMISSION. Co., Acconnta and Agency of Banks, Corporations, Arms and individuals received upon favorable terms. Dividends and Interest collected and remitted. Act as agents for corporations In paying coapona and dividends'; also as transfer agents. Bonds, stocks and securities bought and sold on TRANSACTS A ASA BANKERS, WlUiam Street, New John BANKERS AND BROKERS, & oommlssion. 9,000,000 Francs. 827. Financial. D. Prikcb, Jab. Whitklt, H. Chuoeb Oakley HABRY C. l.OQAN, MAYNAllD C. BYBB. W. K. TttAVKRS, Special Partner. Co., N. pn?:i.ps, JAMES STOKKS, ANSON PHELPS STOKES, NO. 30, ]881. AKD C I R C IT LAR NOTES Issued for the use of travelers la all parts of the world. Bills draivn on the Union Bonk of London Telegrapble transfers made to London and to various places in the United States. Deposits received subject to check at sight, and Interest allowed on balances. Government and other bonds and Investment se* carttlei botuiil and lold on oommUislOR. Cincinnati City V'SOs, N. T. City gold Scioto 68, due due 1903. 1901. Valley RR. Con. Gold dae 1910. 7s, D. A. EASTOSr, With BOODY, McLiELIiAN ds CO., Bankers, No. 58 BROADWAY, NEW YORK. John qeorqe Stabk. George Stark & BANKERS, BROADWAY, NEW No. 42 Buy and seU Investment f. Stabk. Co., YORK. Securities fot cash or oa specialty made of Western Fana oommlssion. Mortgages bearing f i om 7 to 10 per cent Interest. Will undertake the ueKOtlatlon of loans npoa A Western City property la large or small omoiuUs : : THE CHRONICLE. & Morgan Co., Me. 34 SODTB Thibo Bt. No*. 19 Drcxel, Harjes & Co SI Boulevard HaunmanD ^°'*; DepOBlu received lubject to Uraf t. Secnrt"*";, Intereit alloweo *c.. bought and sold on Commlseion. Orodltj. Commercial Kxchangc. Foreign beposite. on Circular Letters tor Irayelers, Cable Transfers. available la all parts of the world. Attoh-nkyb akd Aoints of S. MORGAN & No. K OLD BROAD Brown ST.. CO., LONDON. & Brothers Co., No. 69 TVALIi ST., N. V., BUY AND SELL OF EXCHANGE FRANCK, BIIiLiS IBBLAND, ON GREAT BRITAIN AND AND HOLLAND. OBRMaSy, BELGIUM Credits Travelers' Issue Commercial aud IN S7ESLIN0, ATAILABLB IN ANY PART OF THE WORLD. And In Franca. In Martinique all In the United States persons holding positions of pecuniary trust and responsibility, thus sein lieu ot a curing aCOUPORATK personal bond where security is required for the faithful performance of the duties of employees In all positions of trust. ^Full information can be obtained at the ofnce, IWJ Co., No. 8 Wall Street, Ne^v York, No. 4 Post Office Square, Boston. CHEQUES AND CABLE TRANSFERS ON Broadway, Wu. M. Richards, President. LYitAN W. BuiOGS, Vice-Presl<1ent. John M. Crane, Secretary. Edwaki) Stahk, General Agent. Directors—George T. Hope. A. B. Hull, G. Q. Williams, W. G. Low, A. 8. Barnes, H. A. Hnrlbjlt. Geo. S. Coe, J. S. T. Stranahan, Charles DennU, Wm. M. Richards, U. n. Claflln, John D. Mairs, Lyman W. Brlggs, 8. B. Chittenden. MVNROE & CO., PARIS. tTEBLINO CHEQUES AND BILLS AT SIXITT DAYS' SIGHT ON ALEXANDERS Sc CO., LONDON. CiBOt;i.AB Albert E. Hachfield, Deals In Investment Securities and Bonds Generally. & Stuart 1¥ANXEI> J. NASSAU STREET. BILLS OF ixCHANGE ON and countries, through London Paris. abroad on Make Collections of Drafts drawn Canada, and points In the United States and of Drafts drawn In the United States on Foreign Cou ntries. G. S. & G. C. Ward, XeSNTB FOB BARING BROTHERS COMPANY, 4; 53 WALL STREET, NEW YORK. 28 STATE STREET, BOiiTON. J. &W. Seligman&Co. " 69 EXCHANGE PLACE, CORNER BROAD 8TRKBT, !)KW YORK. Issue Letters of Credit for Travelerg, Draw Bills of Bxc-kange and make telegraphic trans, money on Bnrope and California. lers of & Kidder, Peabody Co., BOSTON, MASS., Wall and Nassau EDLNBUKG, AND BItANCHES; ALSO, HilmerSjMcGowan & Co AND OOBRESPONDENTS : d; CO., Berlin. Knoblauch Lichtenstein, BANKERS, S9 vrtUiam St., cor. Excbange Place. NEW YORK. Stake Telegraphic Money Transfers. I>raw Bills of Exchange and Issue Letters oi Credit JB all principal clOes of Europe. SPECIAL PARTNER, BerllO. DEUTSCHE BANK, For Employees in Positions of Trust. THE Guarantee Comp'y > CANADA GUARANTEE THE ONLY COMPANY IN AMERICA TRANSACTINOTHIS BUSINESS EXCLUSIVELY. *8]IS'SSS SVS'Ss!! 240,000 COBBESPONDKNTS NEW YORK AND Managing Director. and BONDS At Auction. REGULAR AUCTIOH of all clbsses of STOCKS AND BOND* ox WEDNESDAYS ANIl SATURDAYS. ADRIAN H. SIUL.I.ER & SOK No. 7 PINE STREET, NEW YORK. WM. CO.) 18"2. 21 C. NOYES, NASSAU STREKT, NEW TORK» DEALER IN OAS STOCKS A^D BO\I>S» 100,000 TEIiEGRAPH STOCKS, NEW YORK DIRECTORS: Merchants' Nat. Bank. VERMH.YE, Prest. Mechanics' TRUST COMPANYS* STOCKS, Nat. Bank. n. B. SHERMAN. Prest. ROBEIIT B. flllNTURN, Messrs. Grinnell, MlnCUy and other Railroad Stocks A Bond» A. l!!" HOPKINS, Vice-President Wabash St. Louis & Pacitic Railroad Company. JOHN PA TON, Messrs. Jesup, Paton & Co. MTSCEIiliANEOUS SECURTTIKS* W. H. DYCKMAN. Secy.. 6» Wall St. BONDS OF CHOTEAU COUNTY SALE OF MONTANA TERKITOKY. S. Bonds Theo. V. SAND Edwakb John Sickels. E. Sand. Member N. Y. Stock Bich. AAX a. Petit, Sand Brothers & Co., Assembly Pursuant to an act of the Legislative •* of the Terrlrory of Montana, entitled An Act to provide for the funding of the outstanding indebt-^ ednesa of Choteau County, Montana Territory,' approved February 23, 1S61, the Board of County Commissioners of said County will offer for sale at. Public Auction, at the County Clerk's Office, at BANKERS AND BROKERS, FORT BENTON. CHOTEAU COUNTY. MONTANA TERRITORY, on the first day ot June. A. D.1881, at 1 o'clock P.M.. THIRTY THOUt^AND DOLLARS, New York. of Ctioteau County Coupon Bonds. Said bonds are due at the pleasure of said county after FIVK years^. ON STOCKS AND BONDS BOUGHT AND SOLD and redeemable in TEN years, and bear interest 54 Wall Street, COMMISSION. COMMERCIAL PAPER NBGOTIATBD. London. Grant commercial and travelers* credits, negotirte loans, make advances on merchandise, and trans, act a general financial commission business, BLAKE BROTHERS & STOCKS OF NORTH AMERICA. glXl]4S,pOT:[DEN3jEjVI^NS. PARTNERS BARRON BLAKE,) L.ONDON, CANADA. SAL.E3 BIjAKB BROTHERS & CO., Boston and New Tork KMIL HEINBMANN,) Correspondence soliclted- States. Tbe Financial Agnociatlon of Ontario^ at the rate of 8EVKN per cent per annum, the interest payable semi-annually, on the presentation of the proper coupon, at the office of the Treasurer of said Countv. or at some designated bank in NewYork City, at the option'of the holder; said bonds shall be of the denomination of Dollars, and will be Dollars and i^8ued upon the first day of July. A. D. 1881, but will not be sold for less than par. The said Board of County Commissioners will also, at the same time and place, in pursuance of an act of the Legislative Assembly of the Territory of Montana, entitled, "An Act to enable the County of Choteau to erect a jail." approved February 22, 1881, otTer for sale to the highest bidder, for (flS.OOO) Dollars of CHsh. Choteau County Coupon Bonds, redeemable at the pleasure of said county, after FIVE years, and due and payable in FIFTEEN years, bearing interest, and interest payable in the same manner, as the bonds herein first described, and subject to the same restrictions as therein prorided, By order of the Board this 24th day of March, ONE THOUSAND LONDON, ENOl.AND. F. Special attention given to buslnese from the United The Undersigned hold BONDS OF SURETYSHIP & Co Blake Brothers carefully selected, yielding SEVEN AND A-HALF PER CENT EDWARD LERUEY. Financial. Subscribed capital Paid-up capital in cash Assets Deposited at Albany In U. securities, from SIX to per annum. J. n. BARING BROTHERS db CO., Londen. rERIER FRERES <b CO., Paris. & In a position to furnish Investors with choice in- IN Foreign Excliange, Stoclis and Bonds, 63 Wall Street, New York. Special attention paid to orders at the New York Stock Exchange and New York Mining Board^^ IS COMMEBCIAI. AND TrATELEBS' CREDITS. THE FINANCIAL ASSOCIATION OP ONTARIO is vestment ^ABLE TRANSFERS AND LETTE RS OF CREDIT Established CABLE TEAHSFEES, BILLS OF EXCHANGE Bonds. ^iAi^e Dominion of Canada. ; NATIONAL BANK OF SCOTLAND, (Formerly the FOREIGN BANKERS. MENDEIiSSOHN LIMITED BELFAST, IRELAND kXO OS THX New York. Sts., Dii.vton ; ;• ULSTER BANKINO COMPANY, of Europe, Asia, Africa, Australia & FOK Consumers' Ice Company's Stock, An Ei^tat Per Cent Investment- COUNTY BANK, MANCHESTER, PAYABLE IN LONDON aid America. Cor. Sc BROKERS BANKERS, Ffr/able in any par BANKERS, nANCHESTER all t St. Cincinnati Uamilton PHIC IRANSFKRS mAKE TELEGKA SMITH, PAYNE & SMITH'S, UF rauNKTr LONDON Between this and other & Louis Ists. Columbus & Toledo lata. Joliet i Northern Ists. KunsHs & Nebraska Bonds. St. Joseph & Western Bonds. Indianapolis Co., 33 and Guadaloupe. NASSAU SXRKET, 17 NoTKs Airo CK»nrr» fob Tbatbmb«. & fidelity of GUARANTEE and their correspondents. .Vlso Commercial Credits and Transfers of Money on California, Europe and Havana. 'j. TOBK, The only company organised guarantee ng the & NEW OF parts of the MESSRS. DE ROTHSCHII.D John Munroe FIDELITY GU.iRANTEE BONDS ARE ISSUED BY THE FIDELITY & CASUALiTY CO. 21 Nassan Street, Sc Issue Travelers' Credits, available In world, through the Pari*. Pblladelpbla. DOMESTIC AND FOREIGN BANKERS. noMrs. J. Co., BANKERS) WALL STKEET, & & Co., August Belmont COBNBK OP BROAD, NEW TOBK. Drexel Financial. Foreign Exchange. Foreign Excliangc. Drexel, [Vol. XXXII. TWELVE THOUSAND Purchase and sell on Commission GOVERNMENT and RAILROAD BONDS and S-TOCKS. and all NEW YORK Securities OPEN MARKET. LOANS COMMERCIAL PAPER negotiated. Interest classes of Securities dealt In at the STOCK B.XCIIANGK. or all reputable bSught and sold in the and CO., paid on DEPOSITS, subject to check. BRANCH OFFICE No. 661 Fifth Atc under Hotel Osborne. t BOSTON. ONE HUNDRED A D 1881. Attest: J. 8. HILL, Chairman. JNO. W. TATTAN. Ex Off,, Clerk of Board. THE CHROMCLK Apiin. 30, isei.l til Financial. Financial. rpHK AMEUICAN EXCUANOE NATION- PENNSYLVANIA COIWPANY. Issxxo of ^^CD.CDOCD.OCDCD IN 4 PER CEIVT, FORTY-YEAR, FIRST MORTGAGE GOLD BONDS, All BANK, NEW YouK, Dlrectorftof this •of April 23. 1881.— The Board bankbavo to-day dec'ared a divi- dend of THItEB A\l> OMK-HALFPER the capital stock, payable on prox., until main CK.NT on which date the transfer books DUMO.VT CLARKE. closed. l''2 SECOND OF MAY. will re- UNDER THE ABSOLUTE GUAR.\NTEE OF THE Cashier. PENNSYLVANIA RAILROAD COMPANY. INCOnEANO IXOE.MNITY COrPO.NSOF BO.NDS or Iho UOUriTO.S 4 TEXAS CK.NTUAIj BAILWAV COMi'A.NY. due (and payable at IIoustOD) May I, ISSI. will be ca-thed from ilie SJUih of April ti) the loth i.f May, Inoluslve, by .JOHN J. CISCO i SON, No. 59 Wall Street, Now York, and after latter date, nccordinji to tUeIr terras, at company's office. Coapon or Begistered, free from National and State Taxes. Tbe Pennaylvauiu Compuuy U a corporation chartered In 1870 for the purpose of o|ierating, managing and developing the railwayH west of Pittsburg controlled by the I'euunylvaiila KK. Co. To piovhle means for the acquirement of additional property and the further duvelopmeut Houston, Texas. E. W. CAVE, Treasurer. of tlie rcnnsylvauia Railroad Coiiipuny's system, the Fcunsylvania Company has di-cUled to create a First Mortgage to secure liouds to the amount of i|>20,000,000, of wlilcli the present Isaue forms part, bearing inteiest iit the rate of 419 per cent perimnuin, payable January 1 and July 1, the principal matui'ing in lil'JI.aiid both piiucipal and iuturust payable gold, in the city u( New York, free from National and State ta.\es. The bonds are issued in dcnoniiniUioiis of iftl.OOO each, and HAS INDORSED UTDIAXA BLOO,MINGTON A WBSTERK RAILWAY) V COSIPA.NY, 115 8itOAl>WAY, Nkw York, April 2,1, 18K1, ) 'I'O TIlESTOrKIIOI-DEKH AND INt'OAIE I 110Nlilll)l.l)i;it> uf till! m EVERY BOND THEKEON Tin: Ali.SOLUTli OUAKANl'EE OF THE PENNSYLVANIA RAILROAD COMPANY FOR PRINCIPAL AND INTEREST. INDIANA ULOOMINU- TclN & WKSTKtt.V IIAILVVAV CO: Nritico the Is liercliy (jivt-n thiit company m now rualy new consolidated The to issue its sti>ck. The holder or each stiure of tiie old oonipimy's stuclt will be entitled to r- coivo, on the surrender of his certiflcite, two shares of IIUU each of the stock of the new companrBy virtue of an Ist. arran^reinent effected with the of [he late Ohio Indiana & PaCillc Co., this company offers, up to and including Juno 00, 18>1, to the lioUiers o: the oUl Income is .sltjckiioltlors Railway K. J. i). dollar for ilollar. iSHERWOOD. more than double the cuti.-e annual interest on the $10,000,000.Bonils al pn sent to be issued. Jd. The company's valuable real estate in the cities of Pittsburg. Allegliany aud Chicago, stoclis and bonds in its treitsiiry, to the par value of about iil2.1,uUU,0UO, being m<auly securi- ties of lilies fonniag part of the Pennsylvania sysieni. Tlio ccnip.tiiy f :;ri I;.or agrees (the performaDC-ci ut «« liich Mgrcrnsent is likewise jEuuranleeu hy the Pennsylvania Railroad Company) to purchase in every year in which bomls of this issue are utt'ercd at a price not above par, bunds equal to 1 per cent on tlie then ontrtauding issue i>f said bonds, and uie annual interest uiion such bonds as shall have been before that time purchased, with said fund— a provision which should at all times protect the price of the bonds against any materiiii decline below tlie issue price The I'cniisylvania Company has no other debts except $2,901,000 in debentures, secured by a deposit of .f4,000,000 of the Pittsburg Fort Wayne & Chicago Riilroad sH)ck (i>art of the securities euuineia:ed above), and its bonded debt cani.ot, under the law, be incicased beyond the amount of its full-pa.d capital stock, whiohat present is $20,000,000, exclusively owned Ijy the wm Income Bonds, secured by mortgage as a first charge upon— by the Ponnsylvaiila Company, of the Pittsburg Fort and Bonds, the option to convert thulr bonds *nto the •tock of the new company at the same rate, that ia ue given to say, two shares of J 100 each of siock for each flOOof Income Konds. On and after ,Iuly 1. 1S81, for a limited time, the Income Bouils wliicli shail not have been converted into Slock will be convertible into new Consolidated JViortuuge total authorized issue is furtlier lea es for i)'J9 years, held The Wayne & ijlilcago, the Clcvdaud & Pittsburg, and tlio Erie <t Pittsburg railways. THESE LEASES ALONE have for the twelve years from their date to December 31, IsSO, yielded an average yearly net prodt to the Peunsylvaiiia Coniiianv exceeding one luilliou (loUais, which sum Secretary. THE HOLDER!^ OF SECOND vBIORT-••OAGB B0.\D5 O-' THE INDIANAPOLIS DECATUR A SPRl.NGFIELD RAILWAY CO. 'PO Pennsylvania Railroad Company. The railways operated directly- or indirectly by the Pennsylvania Con-pany comprise s :!,3(i4 nabs, and the NET EARNINGS of that company lor the yoiu- 1880, after the payment of all llxed charges, amounted to ; $a,07 1,306 85 Those of the Pennsylvania Railroad Company on Its lines east of Pittsburg, after payment of all tlxed charges, to 7,638,569 01 Holders of second mortgage bonds of the Indlanapoiia Decatur & Springdold Railway Company will please send their address to the company's office, No. 121) Broadway, that propositions for readjustment of funded debt may be mailed to them. A. DUPRAT, Secretary. system of Thi Lake Sror-j axd Michigan' Southern railway compa.vy, 'i'beasukkk's office, GRAM* Cen'tk.vi. Depot, been made to have Coupon liouds registered in the owner's name when desired, and also for their conversion into absolute Registered Bonds, iutoiest payable to Ibe registered owner only. WILLIA.M THAW, Vice-President Pennsylv.mia Company. Approved: G. B. ROBERTS, President Pennsylvania Railroad Company. N'EW ^ (ntK, March TOTAL NET REVENUE FOR 1880 WHILE O.N'LY $1,100,000 will be required to meet the interest THE WHOLE OF TIIE $'^o,00O.<i00 BONDS ARE ISSUED. Provision 25. Irs81. 'I'HE nOARD OF DIREOTOU!^ OF THIS L Company iiave this day declared a dividend of TWO PER on CE.Nl' MONDAY, upon MAY TEN MILLION DOLLARS office. For the purpose of this dividend, and also for the KLI'.CTION for dil-ectors, which is to be iield on the 4th cay of .MAY next, the Transfer Books will be closed at 3 P.M. on THURSDAY, the 31st instant, and will be re-opened on the moming of Friday, the tith day of .Vlny next. ANNUAL E. D. WORCESTER. Treasurer. THE NEW YORK OFFICE OF PROVIDENCE 4 BOSTON TOK RAILROAU), NEW YORK, RR. CO. (STONLVGApril 2S, 1881.-A Quarterly Dividend of TWO .2) PER CENT will bo paid at the office of Messrs. M. Morgan's Sons, 30 William Street, Now York, on the 10th day of May. The transfer books will be closed from the 30th of April to the 11th of May. HENRY MORGAN, offer the I .\ccrueil Interest to date of delivery. Subscriptions will be received until Friday, May 0, but the riyht is reserved to close the subscriptions at an early date, without notice. Subscriptions will also be received IN ENGLAND— By Messrs. LOUIS COHEN & SONS, of London. IN PHILADELPHIA—By Messrs. DIIEXEL & CO. Thus securing for the bonds an international market. ItXJHIV, LOEB & No. 31 OF THE ROCHESTER & PITTSOFFICE MCliti KAll.UOAL) 0. 1.\I1'.\.\V, tion of increasing ttie ca]>ilal stock of the company from three million di liars, as now authorized, to four million dollars, bid'-g a proposed Increase of one million dollars, divided into ten thousand shares of one hundreii dollars each. Stockholders of record at the close of the transfer boolis wilt be entitled to their proportionate part of the proposed new issue of stoCK, and their option tu take such proportion will expire on the 2Sth day of .May, 1881, at 3 o'clock 1'. M. Transfer boijksvvill be closed on May 4, at 3 o'clock lathe attcrnoon and be re-opened on May 21, 1881. Dated .Vew Yofk, April 21, 1881. By order of the Board 01 Directors, THOS. F. Secretary. FOK CHOICE Per Cent Mortgages, ADDRESS FRANCIS SMITH, Successor to Geo. H. Prentiss, Columbus (Ohio) City WALL STREET, NEW YOKK. GAS STOCKS AND ALL KXMDS OF BROOKLYN SECURITIES OF PULLMAN'S PALACE CAR OFFICE COMPANY, CUICIGO, DEALT 2D, 18^1. NOTICE Is hereby given that the outstanding BIGHT PEIl CE.VT DKBKNTUilE B0ND8 of this Company (Second Series) the oriiiinal is.suc of which was tl.oOO,000 falling due .May 15, 1881, will bo paid, including the last ciupon, on May 14, 1831, .May 18 being Sunday, upon presentation, at li'ariuers' L,oun A Trust Company, 26 Exchange Place, New York. Interest will cease on May 15, 1881. A. 8. WEI.>fsUElMER, Secretary. W. IIAKTEK, ATTORNEY, Cauton, HENKY Ohio, conducts classes of cases against Indiy. all Idnais, raiiroads and ottier corporations in both state and U.S. Courts. Kefers to <;. Aultman, Canton, u.; Isaac Harter 4 Sons, Canton, O.; Kountze Bros,, Mew York; Ez-Chief Justlos Aipiew, Beaver, Pa. FIRM OF K. M. WATERS & CO. Mr. R. M. Ji^is this day dissolved by limitation. retires from active business. Either partner will sign in liquidation. The business will be continued at 54 Broad Street, by our successors, Messrs. JNO. C. A CO., of Selma, Ala, R. M. WATERS, Waters GRAHAM New York. May 1, 1881. T. ^lYING, NEW YORK, STREET, A Co., Bankers.) C. Chew, J. WALL STREET, NEW YORK. TEXAS BAILAVAVS, BONDS, LANDS, &e. No. 7 Desirable Texas Securities for Investment oon gtantly on han6 IN. 8EB GAS QUOTATIONS IN THIS PAPER. tpiIE 1905. 8s, ISSS. (With A. M. Kidder K. March WALL 18 AND Mortgage Bonds, due May 1. 1881, will be paid by J. Cisco & Son, Nu. 59 Wall .str.^et. New York, ill., CHAS. GAS SECURITIES, John Investments. Sandusky Mansfield A Newark RR. Ists, 7s, 1900. Toledo Peoria & Western RR. Ists, 7s, 1017. Ohio & West VirKinIa Railway Ists, 7s, 1010. Scioto Valley Railway Consol., 7-, 1010. Cleveland Col. Cln. A Ind. Rll. Cons., 73, 1014. Milwaukee Lake Shore & Western Ists, 7s, 1905. Rochester i Pitsburg Railroad Ists, fls, 1021. Texas Central First W. CAVK, Treasurer. May Columbus A Toledo Railway Ists, 7s, Central Iowa Railway Ists, 7s. 1899. SMITH A HANNAMAN, IndlanapollB, Ind. No. 17 CO., NEW YORK. NASSAU STREET, WKNTWOKTH, OFFICE OF THE TEXAS CENBRANCH I'HAI, HAIL Way COMPAN>,Hoi sio.v, TKX., STREET RAILROAD STOCKS AND BONDS April 21. )881.-Couponi of PER CENT GOLD BONDS, 4 1-2 same for public subscription at the price of lOO 1-2 Per Cent and Treasurer. No. II Fl.\K STKEkT. NkW VoitK CZTY. Pursuant to the recommendation and vote of the Board of Directors of this company, nt a meeting thereof on the 20th day of April, 18«1, notice is hereby given that a meeting of the stockholders of the Rochester & Pittsburg Railroad Company will be held at tiie ottices ot tlie company. No. 11 Pine Street, New York City, on the Isth day of .May, 1881, at 2 o'clock in llie afternoon, to vote upon the ques- WUEM lias The undersigned, Iiaring secured control of the hereinbefore described capital stock, payable next, at this its the id day of $10 709,905 86 and sinking fund, A. W. UAWLEV. THOS. B. HAWLBT, OF 8T. JOisEPH, Mo., BONDS. CITY Wisconsin Central Kaitroad l.and Grant BoadA. A Canada Southern ttonds. Atchison Colorado & i'acitic it It. Uonds. Mobile ,<t Grand Trunk Itailroud Bonds. Joseph & Western Kaitroad Securities. St. South & North Alabama Railroad Stock. Brooklyn Elevateu Uailroad Bonds and Stock. South Carolina Itailroad Securities. Midland Railroad of New Jersey Bonds and Sto<Sk County. City and Town Bonds of Western State*. Grand Kaplds lV Indiana Kaitroad Seciiritics. Milwaukee A Nortticr.: KiLiiroad Bonds. ChiCitgo A Pacttlc Kailro.id 1st Mortgage Bonds. BOUGHT BY S. VTLEY, No. 31 Fine Street, N. X, Atlantic wm. — : THE CHRONKJLE. if I Vol. XXXI Financial. Financial. THE MUTUAL UNION OFFICIAL STATEJHENT TELEGRAPH COMPANY OF THE (' organized under tbe lawa of the State of New York, und has constructed a telegraph Une of elx wires from Boston, Mass., to WashingtoQ, D. C. This lino has been built in the most substantial manner, and the poles are of sufficient size to carry thirty-stx wires. The company has obtained excellent franchises or contracts giving It the right of way through Boston, Providence. Hartford, New York City, Philadelphia, Baltimore and Washington, and all the smaller cities and towns on the is GULF COLORADO & SANTA FE RAILWAY COMPANY, OIV ECE3JCBER, 31, 1880. r> route. The company now propose to extend their lines from New York and Boston to Worcester, Spring* Albany, Utica, Syracuse, Rochester, Buffalo, Eric, Cleveland, Toledo, Detroit, Chicago, Milwaukee, St. Paul, Minneapolis, also to Kansas City, St. Louis, Indianapolis, Louisville, Cincinnati, Columbus, Wheeling, Pittsburg, Ac, intending to cover tbe principal cities of the West and the interfield, Chartered under the laws of Texas, May 28, 1873. Construction commenced in May, 1873, and road completed to Areola near the close of 1877. At Areola connection is made wilh the Columbia Division of the International and Great North. ern Railroad, nineteen miles from Houston at Richmond, with the Galveston Harrisburg & San Antonio Railway. The Company Is entitled to the State land grant of sixteen sections of land {640 acres each) for each milo of road built and equipped. The road was sold and reorganized April 15, 1879. On August 1, 1880, the Company opened its line for traffic from Galveston to Brcuham, a distance of 1 26 miles, and connecting there with the Western Division of the Houston & Texas Central Railway. On September 4th the line was opened to Caldwell, in Burleson County. On September 2l8t to Milano Junction, there connecting with the Brazos Division of the International & Great Northern Railroad. On 22d the lino was opened to Cameron, and on December 9th to Rogers, a distance of 20.5 miles from Galveston, and the Company still extending its Une towards Belton, a distance of 22G miles from Galveston. The rolling stock consists of Locomotives, 15; passenger cars, 8; baggage, mail and express oars, 4; box freight cars, 155; platform freight cars, 235; stock cars, 28; wood cars, 10; service ; : Total cars, 448. Statistical report of operations for the five months ending December 31, 1880: Miles run by passenger trains Miles by freight trains , Miles run by mixed trains cars, 8. C4,4 GO nm 68,650 6, SSI Total miles run by trains 139.991 Nnmber of passengers carried Number carried one mile 17,201 933.620 112,918 9.193.741 Tons of freight carried Tons carried one mile Earnings Earnings Earnings Earnings from passengers from freight from mail and express from other sources $30,786 89 277,484 92 OPERATING EXPENSES. $90,631 67 39,3t)5 16 7,262 10 21,301 10 7,092 10 Total 165,652 13 Total net earnings months) (five Amount of interest due on outstanding Bonds (being six mouths) Jan. 1, Gross earnings for month of January, 1881 Gro.s8 earnings for month of February, 1881 Gross earnings for mouth of March, 1881 1881 .... $151,187 22 8.5.960 00 64,6! 8 17 64,482 54 73,000 00 GENERAL BALANCE DECEMBER 31, 1880. Ce. Cost of road Cost of rolling stock Real estate and buildings Constructing telegraph line . Materials and fuel on hand... Current accounts Dk. Capital stock $1,450,000 00 Funded debt, llret mortgage. 2,456,000 00 Connecting roads, freight and passenger balances Touchers and pay 1880 76,112 00 rolls for Dec, 128,823 34 367,229 88 151,187 22 Current accounts Net tralUc earnings $3,742,808 306,269 221,183 21,783 14,442 193,303 126,559 Cash on hand 70 23 51 72 02 35 88 $4,629,352 44 $1,629,352 44 authorized to issue a First Mortgage Bond of $12,000 per mile, bearing Seven per cent interest, payable semi-annually on January and July 1st; payable in New York. The Bonds are dated July 1, 1879, and payable July 1, 1909. Messrs. J S. Kbn.nedy and CnART.ES M. Fry, of New York City, are the Trustees. The amount of Stock authorized is $6,000 per mile, and under the laws of Texas no stock is legal unless fully paid up at par. Ou April 6, 1881, the company was operating its line to Belton, 226 miles, and has under contract a branch road from Temple Junction, near Belton, to Fort Worth, connecting with the Texas & Pacitlo Railway. 125 miles, and will further extend its main line from Belton northeast, to crosi the Texas & Paciflo R lilway near Taylor Couuty, about 200 miles. Total number of miles of road 551, exclusive of sidings and other tracks. Gauge, 4 ft. 8^2 in. Rail, 56 lbs. The Company OFFICERS «EORGE SEALY, WALTER GRESHAM, DAVIS, ; \ tems in the most economical manner, and covering nine-tenths of the business of the country, witb comparatively a small capital, is sure to be very profitable to stockholders, and at the same time a great advantage tu merchants and business men In all the loading cities. For the purpose of completing these lines there will be issued $5,000,000 of bonds to run thirty years* at 6 per cent interest, payable in gold, semi-annually in New York, registered at the Central Trust Company of New York. Purchasers are offered 15,000,000 bonds and $5,000,000 par value stock, at the rate of par for the stock, or for each cash purchase ot $10,000 the purchaser will receive $10,000 10,000 as required for construction, but not over 10 per cent will be called in any one month. It is expected that the entire system will be completed und working within twelve months. Tlie interest charges will be only $300,000 annually, when the lines are all finished. The Income from The amount tne present line between Boston, New York City and Washington can bo made to pay that amount. To pay a dividend of 6 per cent upon the entire authorized capital of $10,000,000 will require only $600,000 more, in all $yoo.000 annual revenue. It is estimated that the net revenues of this entire system of telegrii-h lines when completed will not be less than $1,500,000 annually, or enough to pay the interest on the bonds and 12 per cent dividends on the wliole capital stock. Only $1,000,000 wi'l be allotted to New York. The balance will be taken in Boston and the West. Allotments will be made in full for amounts of $10.(J00 nnd under, and the remainder will be allotted pro rata for amounts exceeding $10,000 oo Mav 10. The books will be opened at our office on Monday, May 2, and closed on Thursday, May 5. at 3 P. M. Full particulars furnished S. WILLIS. 14 WALL Office or Geo. KILLEEN. GEORGE BALL. J- S. D. ROGERS, W. L. SEALY', bonds and stock of the EGUAPH COMPANY MUTUAL UNION TEI,- will open at our MpODY, KEMPNER, LEON BLUM, H. ROSENBERG. The entire amoont allotted to ; GEOR&E SE^LY, f»r-esident. on Boston— $1,000,000— has been taken, and purchasers of the 1^1.500,000 set aside for New York will have to be considered in the order of their priority. The customary preliminary instalment of 10 pec cent in cash should accompany each application BALLOU & CO., 14 Wall Street. CO. ASSET SCRIP BOUGHT BY BONNER G, T. & CO., BROAD STREET, NEW YORK. H. C. & E. Odell, AGENTS FOB All of Galveston, Texas. Total number of bonds issued and outstanding April 7, 1881, 2,712, numbered from 1 to and including 2,712, at $1,000 each, $2.712,000 and application is made herewith to have the BoBds, as mentioned above, admitted to call on the New York Stock Exchange. office Monday. 20 H. 30, 1881. BOOKS FOB THE PURCHASE OF : HEIDENHEIMER, CO., Wm. Ballou &, Co., New York, April 'piIE F. P. JOHN & NEW YORK. STREET, JAY COOKE & JOHN 8EALY. WILLIS, JOHN npon application. GEO. Wn. BALLOV GKO. WM. R. J E. WALLIS, 8. made payable GEORGE 8EALY. DIRECTORS E. to be : President Vice-President General Manager Secretary Treasurer S. j It is believed that the lines of this company, when completed will include nine-tenths of the profitable telegraphic business of the country. The company has secured, in addition to the ordinary system, several valuable inventions for the moat efficient and cconomlcsl uie of its plant these inventions coverinr the whole field of telegraphy. Such a line, newly built, constructed with reference to the most improved methods of telegraphyand operated under the most improved sys- is . W. I i mediate stations; also a line from Boston to Portland and the Eastern cities. Stock, par value $316,839 35 Conducting transportation Motive power Maintenance of cars Maintenance of way General expenses j Bonds 5,186 34 3,381 20 Total earnings | Steel and Iron Rail MANCFACXtnEKS, 104 John Street, Rooms 10 & NEW YOHK C^JTY. 11, k xmm HUNTS MERCHANTS' MAGAZINB, REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES. by Wm. [Entered, according to act of Congress, In the year 1881, VOL. B. Oasa & SATURDAY, APRIL 32. CONTENTS, Iiuportsand Exports for March, 453 MarriagB of Jersey Central to Wabash and for Nine and Twelve Months Ended March 31, 454 1881 Prospects of the Wheat Crop.. 4.'i5 Coin in the Bank of Euglanrt.. 455 Chicago Milwaukee & St. Taul Report Kevenuo Law Uncertainties. . . Monetary and English News Commercial Commercial and Miscellaneous 456 457 News recorded ties. 8. Securl- i Railway Stocks, Foreign Exchange New York City Banka.eto. 1 4G0 I 461 I 470 470 Commercial Epitome Cotton j I . . . TIMES. 47o Breadstufts - 4/6 Dry Goods Thb CoMMERCUi AND FiSANCiAL CHRONICLE is issued every Satur- day morning, with the latest news up to midnight of Friday. [Entered at the Post Office at New York, N. Y., as second-class mail matter.] IN ADVANCE; AdTertisements. Transient advertisements are published at 25 cents per line for each Insertion, but when deflnito orders are given for Ave, or more, insertions, a liberal dlscoimt is made. 8i>ecial Notices in Banking and Financial column 60 cents per line, each insertion. liondou and lilverpool Offices. The office of the Chrosici.e in Loudon is at No. 74 Old Broad St reet and in Liverpool, at No. 5 Brown's Buildings, where subscriptions and advertiscmi'iits will be taken at the regular rates, and single copies of Is. each. WILLIAM 79 . & B. DANA & ; THE FINANCIAL OUTLOOK. The snow blockade still new year since the the floods, put such an embargo on freight transportation, that spring business did not at the But now with the machinery consumption large and interior stocks of goods small, deferred orders are coming forward, and the movement of goods is likely to bo kept up in unusual volume for the summer months. The outlook, therefore, for our various industries is very opening meet anticipations. of commerce again in full motion, I promising the many ; and this "Windom's" minimum of last the price of Consols up to 827. are quoted at , 101 to them much of discount has been year and the inquiry in to carry is so great as to 101 11-16, the highest when they were 102, and that was the Emigrants are flocking to our shores in numbers so great that extra steamers have to be provided to meet the demand. The prospects for the crops are decidedly brightening, while the scheme for extending highest ever known. the redeemable 5 and 6 per cent bonds at 3J per cent, bids fair to be Add to this a new start and we have in brief the financial It is no wonder that with such surroundings depress the values of good railroad properties brilliantly successful. only adds efforts to should prove unsuccessful. In our issue of March 26, page 322, we gave a table comparing the highest and lowest rates for money on call during March with those in the corresponding month ia 1880 and 1879. It was then expected that the supply of money would be another influence so far in excess of the to demand that the average for April would certainly not be more than 5 per cent. The record shows that this was the average for the week Since then the average rates have de- only. clined to about i\ for the second Spring has burst upon us with unusual suddenness this season, and with it every industrial enterprise has received impulse. the recorded sincS 1852 first cover is furnished at 50 cents postage on the same is 18 cents. Voliunes bound for subscribers at $1 00. A complete set of the Commercial and Financial Chkonicle—July, 1865, to datecan be obtained at the office. opened, and later move CO., PubKshers, 81 WUliam Street, NEW YORK. Post Offick Box 4592. Eg* A neat flle new reduced to the situation. $10 20. For One Year (including postage) 6 10. ao ForSliMouths £2 7s. Annual subscription in London (including postage) do 1 Ss. do do Six mos. Subscriptions will bo continued until ordered stopped by a wruien responsible order, or at the publication office. The Publishers cannot be lor Remittances unless made by Drafts or Post-Office Money Orders. the paper supplied at C-l in railroad earnings, TERMS OF SUBSCRIPTiON-PAYABLE WILLIAM B. DANA, » JOHM O. FLOYD, JK. ] —even Great Britain for investment securities Quotations of Stocks and Bonds 464 Lical Securities . ... . . . .... 4bo Investments, and State, City .and Corporation Fmauoes. .. 466 THE COMMERCIAL NO 188L 30, sufBcient 458 101:^, and the demand is Bank of England rate The higher. 458 THE BAXTERS' GAZETTE. Market. U. WaglUngton, P. out doubt will go on expanding as months progress. Govemment bonds are selling for about the best prices ever THE CHFONICLE. The Financial Outlook Money Co., In the office of the Librarian of Congreea, week and 4 for the third and fourth weeks. The oversold condition of the stock market will in part account for this; but the principal causes producing it have been the large arrivals of gold from Europe and the further circumstance that funds which were sent to the interior for the usual April settlements began at once to flow back from remote points to this centre, and now currency is freely coming hither from Chicago, St. Louis and Cincinnati, where interest rates ar» almost as low as they are in New York. This is an indicsKThere is at present tion that the country is full of money. no lack of it for all mercantile, industrial, manufacturing and speculative enterprises, while our foreign trade is in so satisfactory a condition as to turn the flow of gold this way on What conclusion can be and others we have stated and speculative activity for the slightest inducement. drawn from such facts as these above, except great industrial coming months ? The Treasury operations for the six days, includingan average of about 4 .per cent and is offered for six last Friday, show a loss, which is a gain to the banks, of and even ten months at that rate on pledge of stock $2,219,628. This has chiefly come from payments of collateral. Indications also point to a steady flow of cur. Assay Office checks for foreign bullion, which have rency toward this centre from all interior points, even the amounted to .$.3,408,046. There is $360,000 still to be most remote. Bank currency is on the increase and with- settled for. The receipts by the Treasury for customs markets. favorable conditions Money is even now affecting our obtainable on financial call at . THE CHRONICLE. 454 alone have amounted to $2,936,827 in There have been two weak spots in the stock market period, and tliis fVou XiXil.- The elevated railroad shares have fallen week. and $1,604,000 in silver certificates. heavily, by reason of the ofBcial statement of the financial The rates for domestic exchange have risen to 25 cents condition of the Manhattan Company, made to the Mayor per $1,000 premium at Chicago and to par at Boston and in an application for remission of the tax on the corporaCurrency is flowing hither freely from the West, tion. Advantage was taken of the break in these stocks St. Louis. and the following table will show the extent of the move- to unsettle the other properties, and an attack upon the ment, as reported by the principal banks, since last Thurs- market was partially successful. On Thursday the Trunk lime shares wer» advanced, on rujaors that the managers day. had agreed to pool the earnings instead of the freight of sum $1,194,000 has been of this United States in gold, $137,000 in this notes, Received. Shipped. $1,402,000 $244,000 $1,402,000 $244,000 the roads Gold Total other but while these properties were strong, the Beading, showed itself, and the fall in spot. this again aided in unsettling the market. majority of the of The movement ; weak the railroad The tendency properties is Qlearly from Europe has nearly ceased toward higher prices, and there appears to be good buyfor the present. Since the 13th no shipments have been ing at every decline, on orders from domestic and foreign reported by cable, and the amount now in transit is light investors. and made up of email lots which have been sent out from of gold The continental ports. arrivals since Saturday inclusive MARRIAGE OF JERSEY CENTRAL TO WABASH. making about 27 millions No sooner does a road come under Mr. Gould's maternal The Bank of England care than since the beginning of the year. it is lost in admiration for some other road iiBporl Siio w5 a gaiii Oi jjl".iu, uuO i-ortiiS wcGK, and an increase already within his control. One would certainly think that of 1 3-16 per cent in the proportion of reserve to liabilities. the Central of New Jersey and the "Wabash were far The Bank of France shows a gain of 3,950,000 francs gold enough apart to be safe from each other's charms, separated and 7,300,000 francs silver for the week, while the Bank as they are by about 500 miles; yet see how eager and inThe tense their desire is to reach of Germany has an increase of 5,320,000 marks. out and embrace On the following indicates the amount of bullion in each of the earlier rumors the incredulous public pronounced it all a European banks this week and at the corresponding date mere passing fancy, or, perhaps, idle goss'p; but now there last year. is no longer any doubt as to their relations. Life is evidently have amounted to $526,338, April 28, 1891. Gold. Aliril 29, Gold. Silver. 1880. intolerable except in association with each other. Silver. become patent Total tills week Total prevloua week. ... ... .59,103,315 68,872,012 70,428,831 68,102,774 59,0.58,643 6fi,3S0,512 70.439,425 68.020,641 ^p" The above gold and Bank of Germany Is merely nu information on " 26.403,075 28,146.765 23,807,232 49,469,030 32,679,066 18,896,774 9.193,006 19,402,982 9,603,000 19,206,000 Bank of Germany silver division of tlic stock of coin of the poiiular estimate, as tlie Bank itself gives has Two souls* with but a sinprle thought, Two hearts that beat as one." The Creator, to be sure, has laid their paths in life so wide apart that it is no easy matter to unite them. Toledo, the extreme eastern end of the "Wabash, is, as already remarked, 500 miles distant from Tamanend, the extreme western end of the Central of tlial point. The market It even the most superficial observer that here are £ Bank of England Sank of France to for foreign exchange has been strong in New Jersey. union space and distance are as nothing. In an ideal But this is to be and in it therefore Shipments a practical union as well as an ideal one, of domestic produce are for the moment checked by the space and distance are important elements. And yet, can comparatively high prices for pork and provisions, the re- nothing compass the difiiculty when the benefits to result tarded movement of grain, at first through the snow are so enormous? Appeal is made to their mystic guardian. •consequence of a scarcity of commercial blockade and floods, and later by the bad roads reported that the quality of the cotton is so inferior that it bills. ; is it also For demand cannot be readily sold for export. these reasons the supply of not equal to the bills is for remittance against bonds imported, and the rates have been advanced to such points as to make it temporarily some trading in securities by cable, but these transactions for European Account cannot be heavy, otherwise there would be a supply of bUls from this source. The following table shows the relative prices in London and New York at the opening unprofitable to import gold. There He at once determines now coming forward enough is each day. for those that A conference was thall it have held be done, and that's faith. Monday afternoon, according to the daily papers, between committees of the Jersey Cen- and "Wabash, with reference to the formation of a close alliance and the establishing of a new through route. " It was resolved " to extend the Jersey Central system to Red Bank (how much more appropriate Green Bank would be) over the Pennsylvania "low grade" roads, much in the same way outlined in these columns last week, and from thence to build 70 miles to Youngstown, "where Abundant there is abundant communication to Toledo." So is there at Philadelphia and communication, indeed tral ! ApraZS. .lprH26. ^prii 27. ApHl 28 AprU 29. Lond'n N.r. LarnVn N.T. Lond'n N.T. Lond'n N.Y. Lond'n N.T. pricen.* prices, prices.* prices. prices.* prices. prices.' prices. prices.* Itrices. C.S.4B.C. 11518 115J^ r.517 115M 115-41 115K 11541 i-iiH 115-41 101-41* U.S.68,c. 101-57t 102J« 101-65* 102« 101-53* 1025< 101-78* 103 45-77 45-38 45« 46-26 46M 46-87 4617 46 Brie 454r 103-24 103-24 102>« Bdcon. 102-78 10254 103-a.i 102 102W 103-48 CU.Cent. 136-56 135 ». r. C. Beading 143-85 1429^ 28-43+ 67 136 87 143-60 28-48t 118 IM 46>i 103 135?< 136-87 135 13SH 130-84 1365s 143« 143-66 144M 28-364 U'iH 144 64 144 68M 28 48+ 56H 145-24 57 136-M 27-02+ 53 Vi Bzch'ge, cables. 4-R6 4-87 4-87 4-87 4-87 Expressed in their New York equivalent. t Heading on basis of $50. par value. • i Kx interest. Note.— The New York equivalent is based upon the highest rate for cable transfers, which ordinarily covers nearly all charges, such as Interest, Insurance and commissions. York, and even at Red Bank. "Why then build 70 miles of road ? No information is vouchsafed as to what arrangements Perhaps that was are to be made with the Pennsylvania. New But does it not seem a .little queer which would play by far the most important part in the proposed route, should not have been represented at all in the conference ? Then, as the Pennsylvania has its own line to Toledo, would it not be in the highest degree unwise, as we have before said, for thought unnecessary. that the Pennsylvania, •For the sake of the metaphor have soulit we will suppose that corporations I I — J Apkil THE CHRONICLE. 30, 1881. 455 of an opposition line, which pushing further West, and new lands are being opened Perhaps the up constantly, we cannot see any present prospect of a its business ? of some away could only take refused its total acreage below that of last season. and On the other consulted been already had Pennsylvania and Central Jersey facta, in view of the foregoing of the not safe, plucky would be hand, it how that case In aid. Wabash people to " resolve " not to let the small distance to count too surely upon a further great increase in our of 500 miles stand in the way, and to unite the systems yield of wheat next season. it to assist in the formation It is probable that there are yet pretty full stocks of anyway, in theory if not in fact. Would not the benefits Prices have not been wheat in the hands of farmers. be the same ? If any one doubts either the announcement or the results, high enough to stimulate deliveries, and the accumulalet him reflect on the immense advantages that the Wabash tions of snow, followed by floods, interrupted transjwrtais deriving from a similar alliance, solemnly made in con- tion greatly by rail, as well as over country roads, for The lateness of the season has delayed the clave last summer, with the proposed New York Lacka- many weeks. wanna & Western, which was announced with a great reopening of the Erie Canal. The probabilities are, therethe new road to extend to Buffalo fore, that unless crop prospects shall be so unpromising as of trumpets and connect with the Wabash at Detroit over the Great to induce farmers to hold back the old stock, we shall Western of Canada. "Verily, these stories about the for- have very heavy supplies of wheat upon our market from mation of new thiough routes and alliances have been the middle of May to the first of July. But so much wiE repeated so frequently that they are getting "stale, flat depend upon many conditions yet to be developed, that and unprofitable," and unless Mr. Gould soon hits upon it would be idle to attempt to forecast the course of prices. There is no longer any doubt expressed of the export something more substantial than these unions against nature to perfect an Eastern trunk line, is it not possible that demand for our wheat, at moderate prices, continuing on a At the beginning of the crop year now the public will become altogether incredulous ? For our- very large scale. wants think Gould we admit that close, it was apprehended that the better yield to drawing to a are free we selves, and has determined to have an Eastern system already in Great Britain and the West of Europe would cause a established, and is not at all desirous of forming or build- material curtailment of the demands upon us. Such has not proved to be the case. For nine months ending April 1, being ing a new one, either in whole or in part. — flourish three-fourths of the fiscal year ending July PROSPECTS OF THE WHEAT CROP. 1, the exports of wheat (including flour reduced to wheat) I'eached the- The prospects of the wheat crop of the United States large aggregate of 145,608,000 bushels, against 139,862,000coming season are involved in some doubt, through bushels for the corresponding period of the previous the possible operation of events that had little or no rela- fiscal year, which had greatly exceeded all fonner years. tion to the two or three great crops which have been Thus in the face of better crops in Great Britain and the gathered in the seasons last passed. In the first place, the West of Europe, our exports of wheat and wheat flour winter of 1880-81 was unusually severe and prolonged, increased. It is true a lower range of prices has prevailed, coming on early and hanging on late; and more lately the and the aggregate values for nine months of this year are wheat-growing sections of the Northwest have suffered about 166 million dollars, against 174 million dollars last from floods beyond all precedent. These circumstances year in other words, nearly six million bushels more can hardly fail to have an important relation to the yield wheat have been sold for eight million dollars less money. of wheat for the next season; in some cases improving, But if this fact has any significance, it is in demonstrating while in others diminishing, the prospect; and there is, that at moderate prices we can sell our wheat in quantities therefore, a good deal of anxious inquiry, even thus early, that a few years since would have been deemed imfor the ; regarding the matter. Of the present possible. condition, the accounts coming in are COIN IN THE very contradictory, and derived, as they mostly are, from and local observations, are not very reliable. Winter wheat is, no doubt, rather backward in growth from the effects of the severe winter and late spring, but seems hardy, and now comes forward rapidly, especially in the Northern latitudes. In the Middle latitudes, where partial some extent winter killed. The acreage has been extended on new lands, but the comparatively low prices current last autumn undoubtedly restricted the sowing, more or less, in the older sections where winter wheat is grown. Therefore no there was less snow, very important it was increase to in the acreage can be an evidence of " slack- Bank of England holds £17,500,000 coin now, against 10 to 12 millions on ordinary occasions. The inference drawn from the facts cited seems to be very reasonable, and, in truth, quite clusive. 1. We should like, however, Whether con- to ask does not follow, from such a statement^ it had not been that, if trade excess of coin slack, this 5 to 7 millioa over ordinary occasions would have been in active circulation, and therefore not have accumulated in bank ? 2. As cites as ness of trade" the circumstance that the ex- pected. BANK OF ENGLAND. The London Economist That if the Bank had been short of this unusual regards spring wheat, the whole year, from the gathering of the last crop to the present time, has undoubt- pelled to put edly been unpropitious. business " slack," so that the coin could be accum- It is usual to do the plowing of lands for spring wheat in the autumn; there for this work is little time accumulation of coin, would up the rate of it not have been com- interest until it made ulated ? and as soon as the snow disap.1. Does it not look, therefore, as if this necessity and pears the sowing is made upon the lands plowed in the fear hanging over English trade, was a chief influprevious autumn. The winter came on so suddenly and ence in keeping business "slack," and that it would severely last year that farmers had no time to plow to quickly check any considerable activity if it were to the extent desired, and the floods this spring have overarise ? flowed much land, so that it could not be sowed, or, on Perhaps the more this thought is followed up and subsiding, have left many other fields unfit for cultivation. dwelt upon, the more intimate and personal will appear to Still, as population the last few years has rapidly been be the interest England has in this silver question. in the spring; ; THE CHRONICLE. 456 CHICAGO MILWAUKEE ST. <& PAUL REPORT. Miles. caused a heavy increase in indebtedness, and the fact that the increase in earnings of late did not keep pace with the (19) afiairs, 88 Crosse, Wis. (Chicago Clinton Dubuque & Minnesota), 1 78 miles, but 160 counted in (5 j and (9) (18) Sioux City & Dakota Line.— Sioux City to Sioux Falls and to Yankton, 131 miles, but 52 miles included in (8) (17) the company's Chicago to Milwankee, and branch of 3 miles (16) The St. Paul report has been awaited with much interest. The large additions to the company's mileage, through acquisition and extension, the knowledge that this had Clinton, la., to La 18 79 Rock (20) tended to draw attention to and much speculation has been increase in mileage, have [Vol. XXXII- Island, 111., to Racine, Wis., 197 miles, but 22 miles counted in (9) Branches in Wisconsin.—Watertown to Madison, 37 miles; Madison to Portage City 39 miles Sparta to Viroqua, 34 miles Lisbon to Necedah, 13 miles La Crosse to Bridge Switch, 3 miles; Lone Rock to Richland Centre, 16 miles; Milton to Monroe, 43 miles; Albany to Brodhead, 7 miles; Janesville to Beloit, 14 miles; Milwaukee to Portage City, 98 miles Horicon to Berlin and Winneconns, 57 miles Ripon to Oshkosh, 20 miles Milwaukee to Schwartzburg and Cement Mills, 7 miles Mineral Point to Warren, 33 miles; Platteville to Calamine, 18 miles; Eagle to Elkhorn, 17 miles Tomah to Jenny, 108 miles Bkanches in Minnesota.— St. Paul Junction to St. Paul, 6 miles; Benton to Minneapolis, 29 miles; East Wabasha to Zumbroti", 59 mile? Wells to Maukato, 40 miles; Caledonia Junction to Preston, 58 miles Branches in Iow.v.— Conovcr to Decorah, 9 miles; Mason City to Austin, partly in Minnesota, 39 rnUes; Sabula to Cedar Rapids, 92 miles; Paralta to Farley, 41 miles; Davenport to Jackson Junction, 151 miles; Eldridge to Maquoketa, 32 miles; W.atertown to Hampton Coal Mines, 4 miles Savanna to Sabula, 3 mUes Turkey River Junction to Wadena, 44 miles; Bellevue to Cascade, 36 miles; Waukon Junction to Waukon, 23 miles Branches in Dakota.— Milbank Junction northwest, 22 miles; Egan to Dell Rapids, 13 miles , all ; ; indulged in as to what the report would show. As respects the number of miles of road embraced in its organization the company now stands in the front rank 175 ; ; ; ; Tke mileage of the great railroad corporations of the day. and on January 1 The total miles. was increased 1,544 miles during the company operated altogether 1880, has been further increased and now Among the roads since, 3, "77 5 is about 3,800. Valley, the Chicago Dubuque & Minnesota, & Pacific, the (22) the Wisconsin Sioux City & Dakota, and the Hastings & Dakota. The purchase of the Southern Minnesota was announced in the previous report, but the road had not yet then been merged in the St. Paul system. The Chicago Chnton Dubuque & Minnesota is quite an it (23) gives the St. Paul an all river line from Grand when the is Chicago & Pacific. This road 477 3.5 3,800 total Various other lines are projected. The one that is is the proposed extension of the danger of important addition 192 ; ; Iowa, to St. Paul, Minnesota, and removes the But perhaps the most competition there. Clinton, 564 ; acquired are the Southern Minnesota, the Chicago Clinton acquisition, as ; (21) attracting chief notice St. Paul extended company's Iowa system from Marion to Council Bluffs, needed the construction of which would give the company a line between Chicago and passed into the hands of the it from Chicago to Byron. It The report speaks very favorably of the The road would run through a fine section of and very direct line to country, it is true, but as it will pass midway between the latter a short the to Chicago. These 26 miles have been constructed, and Northwest and Rock Island for most of the distance, it now the position of the St. Paul has changed. It is no would be surrounded on either side by active competitors, While retaining its and it does not appear certain yet that Central Iowa can longer exclusively a Milwaukee road. 26 only Paul's miles entire to bring network it of in contact with and roads to St the afford the latter point. line. " grip " on that city, it has s^icceeded in obtaining a hold at present support three roads in such close proximity on Chicago, so that the distinctively Chicago roads should to each other. Then as regards the Council Bluffs traffic, soon feel the effect. This must not be lost sight of in any that would have to be divided with the three roads already How the St. Paul doing the business; so here too the field is pretty well occuestimate of the company's future. system has been transformed under the influence of the pied. Still as it is announced that steps have been taken Chicago & Pacific, and what a wide expanse of territory it to begin work at once, we suppose the line will be built. now covers, may be seen in the following analysis which The company's financial condition, as presented in the we have made of the report before us, can not be regarded as highly satisfactory. company's mileage. Miles. (1) (2) via Watcitown, Portage City, La Crescent and Hastings, to St. Paul and Minneapolis Milwaukee via La Crescent, Hastings and Ortonville, to Aberdeen, Dakota, 587 miles, but 307 miles already counted Milwaukee in (1) Milwaukee via La Crescent, and over Soutliern Minnesota to Madison, Dakota, 535 miles, but 196 counted in (1) (4) Milwaukee via Milton, Madison, Prairie du Cliien. McGregor, Calraar and Farmlngton, to St. Paul and Minne- (3) (5) (6) <7) 336 of the close of the year there was outstanding $70,172,000 mortgage debt, on which we figure the annual interest charge at about $4,063,000. The previous year the debt 280 was only $41,349,500, showing that during 1880 there was an increase of $28,822,500. Bills payable, unpaid vouchers, 339 from $932,330 on Dec. 31, 1879, to $1,056,and miscellaneous accounts and current apolis 409 companies increased from $523,580 to other due balances Milwaukee via Milton, Madison, JlcGregor and La Crescent, On the other side of the account there was an te St. Paul and Minneapolis, 399 miles, but 334 miles counted $2,005,739. 65 in (1) and (4) increase in the value of materials on hand from $385,971 Milwaukee via Milton, Madison, McGregor. Calmar and to $564,715; but materials can hardly bo considered as tbrougli Iowa to a point 32 miles west of Plankinton, D. T., 623 miles, but 237 miles included in (4) points to Marion Junction, and then to Running Water, 586 miles, but 524 miles included In (4) &c., increased 497, Dec. 31, 1880, 386 Milwaukee via same and Ac, to Rock Val- Milwaukee (9) and then to Sioux City, 533 miles, but 471 miles Included in (4) and (6) Chicago via Byi'on, Lanark, Savanna, Dubuque, McGregor and La Crescent, to St. Paul and Minneapolis, 438 miles, but 205 miles included in (1) and (5) via Milton, McGregor, Calmar, ley, (11) Chicago via McGregor, Calmar and Fai-mington, to St. Paul and Minneapolis, 448 miles, all counted in either (4) or (9). Chicago via McGregor, La Crescent, Hastings and Orton- (12) Chicago via McGregor, Calmar, and over Southern Minnesota (13) Chicago via McGregor, Calmar, and through Iowa to point (14) Chicago via McGregor, Calmar and Marion Junction, to Run- ville, to Aberdeen, 688 miles, all counted T., 62 233 is 662 miles, all payment rails, The in- which are reported and valued at $119,217. In last year's report Miscellaneous item as rails on hand appears. no such accounts and balances due from agents, &c., show a small gain, having risen from $580,432 to $780,491, but cash on at 2,415 tons hand has been drawn down from $801,694 at the close of 1879 to $382,950 at the close of 1880. No change of any consequence has taken place in the stock, which stands at $15,404,261 common and $12,404,483 preferred, together capital for a This, it company counted.. ning Water. 625 miles, all counted (15) Chicago via McGregor, Calmar and Rock Valley, to Sioux City, 572 mi'es, all counted of floating Uabilities. mainly on account of iron $27,808,744. to Madison, 576 miles, all counted 32 miles west of Plankinton, D. available in the crease 62 (6) (8) (10) At millions of debt. future construction while on the debt? must be admitted, Would by is a very small having 3,800 miles of road and 70 it not be advisable to pay for issuing stock, and " let up" for a . April 80, U'81 The gross THE CHRONKJLE. 1 earnings were increase owing samo proportion the in as the did not latter gross earnings fact that the percentage of operating ex- the to penses was greater — 59-lG per cent is just Net earnings comment, and The were $5,343,093, against $4,539,024. There against $13,086,118, $10,012,819 in ISTO, a gain of $3,073,299. in 1880, against 54-66 The interest charge was $2,837,383 in 1880, and $2,287,407 in 1879. The reason that the charge was no heavier is that on many of the new issues of bonds the interest hal to be paid only in part. After deducting from the net earnings the interest here given, and also $81,000 for sinking fund on consolidated bonds, and adding on $324,298 for " premiums, interest and other income," there remained a surplus of $2,749,607 on the in 1879. 457 one point in these figures that that relates to the be observed will movement while the that will bear of freight. eastward It movement increased 12 million ton miles, or about 5 per cent, the westward movement increased more than 91 million ton That notwithstanding the good crops there should be an increase of only 5 per miles, or pretty nearly 66 per cent. cent in east-bound freight, needs explanation. As west-bound freight, it certainly very strange is to and the extraordinary gain in the may bo said that although, mo doubt, the wants of settlers along the company's lines for kinds of goods from the East have increased, all not be at all surprising if it would the larger part of the gain should be shown to have been on account of supplies carried for year 1880's operations, equal to a little less than 10 per the construction of new roads, and more especially for the cent on both common and preferred stock. Seven per St. Paul's own lines. cent has been paid oat of this. If we leave out of account REVENUE LA W UNCERTAINTIES. the $324,298 received from premiums, &c., the surplus amount about 8f per cent. If the company had had to pay the full interest on the bonds outstanding at will to Some cases illustrate the which have very recently arisen, so well present condition of our revenue arrange- the close of 1880, the surplus, instead of being $2,749,607, ments, that a statement of them may be useful. would have been about $925,000, equal to 7 per cent on Schedule L of the tarifE assesses upon sundry factures the preferred, and 1-3 per cent on the common. But the of woolens and worsted yarns, including knit goods, a 3,775 miles which the company had at the end of 1880 specific duty of 20 to 50 cents per pound, and also 35 per were not all operated the entire year. The average was cent ad valorem schedule assesses 35 per cent upon only 2,923 miles. So the company has 852 miles additional ready-made clothing and wearing apparel of all descripon which to draw for increased business. Thus far this tions, including stockings, woven shirts and drawers, and year, the road has increased its earnings $467,402, all similar articles made on frames. Some time ago a notwithstanding the snow blockade all through the winter. Department ruling placed stockings under the " knit Of late weeks, when the embargo on traffic had been to a goods" covered by schedule L the importers resisted this, great extent removed and freight held back came forward, and the suit of Vietor against Collector Arthur recently the increase in earnings has been about 50 per cent on reversed the ruling, the Supreme Court deciding M ; ; that Expenses, however, have been very stockings made on frames fall under the dutiable descripheavy, and as the percentage of expenses to earnings tion in schedule M. increased in ISSO, soit is not xmlikely that 1881 will Last month, a Treasury circular instructed customs oflSlast year's figures. witness a further increase. The following shows the cers to assess duties conformably to this decision, but as company's operations for eight years past. Dividends are is now claimed went beyond the terms of the decision, given in the year in which, not out of which, they were and included caps, gloves, leggins, mitts, stockings, woven — — paid. shirts Orots Eurninr/a. Operating hxpcnscs. Hivuleiitts Ket Earnings. Pre/. Com and drawers, and week raid. Interest raid. A Treasury to protest, the like articles all made on frames. makers of these goods visited particularly as to shirts and ago, a delegation of woven goods, but although made on frames, and therefore properly drawers, which, they claimed, are not 6,594,,560 5,S7i;,X16 5,170,,353 4,053,,324 4,510,,433 4,792 ,313 5,473,,795 7,742,,4£6 * Bonds. With I 2,451 ,563 3,C81 ,901 3,085:,390 3,100 ,847 3,574,,461 3,659,,454 4,539,,024 5,34:S,,69 < $ CI. r. ct. 1'. ,839,643 1,951,162 1,980,228 2,032,881 2,158,218 2,135,730 2,287,407 2.837.383 1 7 knit, -1 7 21-2 7 to the traffic statistics, we On Tuesday given March 29. tions 14 per cent in bonds. reference the heavy compound duty under shedulo L. After listening to them, the Treasury so far yielded as to issue a third circular, temporarily suspending the instrucsubject to 313 lOia New Hampshire presented in the last, Mr. Blair of Senate a resolu- find that the tion declaring that the public interest requires average rate received per passenger per mile has decreased Congress to be convened in public session immediately. from 2-93 cents to 2-84 cents, but that the rate per ton per He explained that the decision above stated will ruin the mile increased slightly, having been 1-76 cents in 1880 and hosiery and knit-goods factories, unless Congress sjieedily 1-72 cents in 1879. The following will show the passenger their reli=*f, and he read a letter to this effect comes to and freight movement since 1873. Va»8tHtjers Carried One Mile. Passenger Eastward, 1873 1874. 1875. 1876. 1877. 1878. 1879. 1880. Westward. Total. 52.252,.5.58 26,797,080 31,4f,3.349 58,260,429 25,860,486 29,020.302 54,880,848 27.659,659 32.186.00ti 59.845,665 27,058,970 28,866,479 55,925,419 30,159,779 35,338,410 65,498,189 35.403,855 42,715,737 78,119,592 50,106,399 61.4.55,520 111,561,919 Earniiigi. .$1,857,197 1,9.50,069 1.695,336 1,915,974 1,796,213 2.024,154 2,285,852 3.162.898 Tons of Freight Carried One Mile. Freight Eastward. Westward. Total. Earnings 1873. 257,638.532 121,369 1874. 198,65(1, s] 8 60,511,430 219,168,248 ?6, H.162,111 1875. ^13,688,830 58,8.50,672(272, .539,502 5,715,125 1876. 196,603.586 68,204,441 1264,808.027 5,409,045 1877. 196.110,119 75,488,014 27 l..'i98, 133 5,662,629 1878. 223,725,68 98.093,217 321.818,902 5,783.366 1879. 263,474,521 138;i2i;213i40i;595;734 6,897,828 1880. i-i<.>,016,731l229.829.423!.504.8761.54 8.890,457 Rate per Passrnger per Mile. 3-58 cents 3-35 conts 309 cents 3-20 cents 3'21 cents 3()9 cents 2 93 cents 2-81 cents Hate per Ton per Mile. 2-50 cents 2-38 cents 2-10 cents 04 cents 2-08 cents 1-80 cents 1-72 cents 1-76 cents from a firm of stocking makers in the town of Laconia, N. H. Next in order appear the makers of iron cotton-ties, complaining to the Treasury that, in order to evade the specific duty of 1^ cents per pound assessed by schedule E upon hoops and band iron of the specified thickness, English makers put a single rivet through one lap of the tie ; thus, as alleged, the ties come in as manufactures of iron not otherwise provided for, at 35 per cent ad valorem, amounting to half a cent per pound. The complainants urged that there is no practical advantage in a cotton tie with a rivet at one end, over the old plain lap, and argued that if discriminations like these are permitted the iron business of this country importer of cotton is ties, the South needs cheap ruined. from ties. New On the other hand, an Orleans, argued that ; .. THE CHRONICLE. 458 •our complicated tarifi For the month of which illustration of the mischief These cases are an apt xxxu. fVoL. For the9 nios ended Mar. March. works, and of the debilitating efEect For the 12 mos. ended March 31. 31, ,. $76,438,396 $618,806,334 $767,900,750 which too much pampering exerts upon industry. The 1880.- Exports—Domestic Foreign ... 912.131 8,472,985 11,170,792 that stated, vaguely inconsistent, and $77,3.30,347 $627,279,339 .$779,071,542 mixed, Total are so duties 711,886.361 Imports 58 1,599,646 468,197,01 the real meaning of almost every paragraph admits of Excess of exports over imports $6,463,986 $139,082,291 .$194,471,896 over exports Excess imports of question. The result is that rulings and decisions are (lOLD AND SILTEK— COIN AND UTM-IOX. issued by the Department from time to time, as well as 1881 .—Exports—Dom .— Gold $160,336 $1,097,536 $1,285,608 bilver.. 1,205,459 8,174,271 9,463,938 made by subordinate customs officers. Practically, the Foreign— Gold 147.957 696,935 45C Silver.. 163,001 3,486.372 4,836,564 Treasury Department, for the time being, and customs Total $1,529,246 $12,906,136 officers in their own circle, make laws, which are by no Imports— Gold $7,169,564 $83,041,137 Silver 805,07" 8.488.359 means always reasonable and just pursuant to the time$7,974.64-,: $91,529,696 Total honored precedents, the rule is, as expressed by one of Excess of Imports over exports $6,445,396 $78,623,560 Excess of exports over imports these iron complainants, that " where an honest doubt is $74,665 $1,536,967 $3, 601,278 " involved it is proper for the Department to decide in 1880.— Exports—Dom.— Gold. Silver.. 265.251 6,283,187 11, 202,170 Foreign— Gold 1,092.014 1,315,008 1, 518,070 " favor of Americans in preference to foreigners." How Silver. 577,212 4,580.848 & 549.3.52 Total arbitrarily and harshly this law-making by interpretation $2,009,142 $13,766,010 $22, 870,870 Imports— Gold $892,180 $79,820,112 $80, 319,569 •works, importers have learned by experience. 1,223,252 9,517,080 Silver 13 ,324.947 . ; The phraseology quoted Just also is suggestive of the narrow idea this over-protection begets as to the character of labor to be considered. Americans are always to have This involves the fallacy that preference over foreigners. the foreign producer, and not the the tax ; home consumer, pays but what Americans are to have this preference The maker of foreign ties cotton ties wants to ? be protected against the cotton grower and cotton manufacturer ; cheap ties. The rolling-mills want protection •everybody else wants cheap rails, cheap tools and ma- want and cheap iron generally. So we might go through the list, finding that the home producer is up in chinery, arms against any relaxation wants cheap assertion — or selfishness — consumer of duty, while the There articles of all sorts. in seeking Upon what grounds is one portion of American labor entitled to special consideration in the rather than another Nobody can venture ? tax laws, and all agriculture, are industry When the right of .speeches ; how and is it more sacred than another ? " American labor " is talked of in that labor in one department it appears that special interests are meant. l)y 31, The following U a statemenf showing, by Customs Baltimore, Imports. Districts. Md Brunswick, Ga N, Bufl'alo Creek, Chaiuplain, N. Y ,.... Y Mich Detroit. Huron, Mich Alabama London, Conn xVorfolk, &c., Va Oawegatcliie, N. - Y Pa . Me San Francisco, Cal Savanuali. Teclie Ga La Wilhiraotte. Oregon Wiiniiugtou, N. C...... Domestic Foreign Exports. Exports. . $1,287,393 $7,395,182 5,681,279 7,415,937 250.190 174,305 151,290 1,377 12,240 299,353 230,989 186,809 85,244 2,582,334 118.781 65,052 189.083 197.921 60.595 2,538 233,126 3,376,040 260,172 691.211 15,147 35,270 29,201 106.833 8,258 1,043,702 101,196 55,989 "2i',673 1,100,419 10.003,601 42,106.508 34,566,421 493 312,992 1,299,862 6,099 117,5-13 28,123 33,273 66,965 53,003 "S'.sb'i 334.889 4,273,518 3,551.939 623,430 191,931 204.555 "is'.iiE) 32.681 2,931,357 3,377,719 69,234 3,921,117 413 104,297 93.322 567,838 202,540 36,023 27,057 415,992 199,640 171,336 $876 137,828 213,440 231 7,099 31,541 2.333 18,296 1,805,202 1,696 16 7,962 30,344 61,498 ' '4.878 $60,701,361 $82,740,629 $2,325,490 Total l^0ttetara5®ammevctaX gixgltsit ^tvas 1 From our own correspondent. London, Saturday, April 1 16, 1881. Gold has continued in demand for export to the United States, and the money market, though far from active, on account of the limited mercantile inquiry, has been firm in tone, while the rates of discount have exhibited an improving tendency. It is premature, as yet, to think of an advance in the Bank rate, as the open market rates for money are still about but in half per cent below the Bank's published quotation ; many quarters it is regarded MERCHANDISE. March. Mol>ilc, Richmond Va (Corrected to April 23, 1881.1 For the Minnesota, Miiin Portland, &c.. : month of principal customs the values of morahandise imported into and exported from the United States during the month of March, 1881: districts, Pliiladohibia 1881. the Bureau of Statistics.] The excess of exports of merchandise, stated in specie values, was as follows Month enOefl March 31, 1881 $31,304,558 Month ended March 31. 1880 6.4ri3.9Sfi Nine mouths ended March 31, 1881 234.844.278 Nine months ended March 31, 1880 139.0?2.2:il Twelve mouths ended March 31, 1881 243,443,899 Twelve mouths ended March 31, 1880 194.471.896 The excess of imports of gold and silver coin and bullion was a-s follows: Month ended March 31, 1881 $6,443,396 Month ended M:irch 31, 1880 106.290 Nine mouths euded March 31, 1881 78,623,560 Nine mouths ended March 31, 1880 75,571,182 Twelve months euded March 31, 1881 78.943.769 Twelve months ended March 31, 1S80 70.773,646 The total values of imports and of domestic and foreign «iports for the month of March, 1881, and for the nine and twelve months ended March, 1881 and 1880. respectively, are presented in the following tables, all in specie values: 1881.- -Exports—Domestic $76,778,312 $626,676,508 $782,704,199 2,581.377 14,368,841 19.238,214 $79.339. '.HH $641,045,349!$801,942,412 73.iiiil.99i 357.534.240 678,244,162 Imports Excess of exports over imports 8,337.1.96 $i3,511,10>J $123,698,250 Excess of imports over ex!M'rr,s .. .. Foreign Total Orleans, La York, N.Y Nia-ara, N.Y Below is given the ninth monthly statement for the fiscal year 1880-81 of the imports and exports of the United States. , 1880.— Exports—Domestic sundry New New New IMPORTS AND EXPORTS FOR MARCH, AND FOR NINE AND TWELVE MONTHS ENDED MARCH $84,106,421 $699,839,485 $900 ,457.223 2,488,941 16,964.337 22, ,082,847 $86,595,365 $716,803,84v; $928, 54'»,070 Total 68.676.203 560,583,124 784, 037,940 Imports Excess of exports over imports $17,919,162 136,220,71*! $161,.502,130 Excess of impoi-ts over exports Foreign is and party platforms, [Prepared 70. 773,646 deny that to cotton growing, wool growing, producing raw materials generally, $93, 644,316 to secure by interpretation personal advantage under the law. $89,337,191! 106,290 73,57i',i82 TOTAL MBRCHANDI8E, COIN AND BULLION. $2,113,432 $. 1881.—Exports— Domestic a narrow self- is continual this Total Excess of exports over imports Excess of imports over exports as probable that before very long a The export demand for gold has wi'l have to be made. not at present assumed proportions calculated to occasion any alarm ; but the movement at this period of the year is unusual, and for that reason attracts more than ordinary attention. As far as the London money market is concerned, our position is change For the 9 niOB ended Mar. For the 12 mos. ended March 31. 31. $82,740,629 $69O.567,678;$895,707,677 Foreign .. 16,319.348 2,325.490 13,330.028 Total $85,066,119 $703,897,700;$912,237,0i3 Imports 60,701,561 469,053.428 66-^,811.1 26 Excess of exports over imports $24,364,55:* $234,844,278 $243,445,899 Excess of imports over exports! . . 1 not so satisfactory as it was. A few weeks ago we were drawing, day by day, supplies of gold from Paris, and these mads good the deficiency caused by the American demand. During I I — April : . THE CHRONICLK 80. 188t.J foreign the last fortnight, however, Paris has been a seller of and exchange, the correct to safBcient extent ecurities to an conseciuently the supply of gold held by the Bank of England has been decreasing. The quantity of gold on passage to this country is larger than for some time past, being estimated at about £600,000. The supply held by the Bank of Kngland. 459 by doing so we should commit ourselves to considers that We are not likely to change our present system, bi-metallism. many advantages have accrued to the nation from it, and England is naturally very indisposed to alter a system which has for a long period worked so well. as The following are the current it has fallen off of late, amounts contrasts with £28,283,387 last year. The position of the Bank that, instead of ia still a good one ; but it seems to be possible pal foreign centres improving during the spring and summer months, its course our will be a retrograde one, and that we shall re-commence autumn trade with a higher range in the value of money. A period of some importance seems to be at length approaching Paris but the crop prospects in Europe are so continues to promote confidence in the this fact far good, and future. The Bank of France is still unwilling to augment its terms for discount accommodation but the first indications of a rise in the rates for accommodation will probably present Vienna to £'26,226,075, which though in the money market ; ; themselvsj in Paris, and that market is therefore somewhat anxiously watched. The public of this country have already committed themselves to heavy instalments in connection with public companies and loans. The total capital of the companies introduced this year amounts to more than £30,000,000, and new undertakings are almost daily being introduced to public notice. £10,000,000 a month is a heavy responsibility, and it is said that investors are already feeling the burden of the " calls" which are being made upon them. There is, however, a large .. rates of discount at the princi- Bank Open Bank OpiK rate. •market. rale. market. Pr.el. 3>a I-r. et. Pr.et. Pr.tL 6 4 2<lt 3>9 3 4 4 Berlin Fniiikfort St. 3>e 3 2>a 2i« 31a 5 5 4 5 3i3«4 Copcuhagun New York 2*11 4 4ia Madrid, Cadiz & Barcelona Lisbon & Oiwrto. 4 HamburK Petersburg... Geneva 3>S S»tt Calcutta There has been some anxiety this week regarding political and the Paris Bourse has been somewhat agitated but both the Tunisian and the Turco-Greek questions present now a more favorable aspect, and hopes are entertained that before very long the business of the country will be unencumbered by Should we have a good harvest, the political diflSculties. prospects for next autumn will be encouraging, and there is no reason why business generally should not make a vigoron» affairs, ; movement. The weather It is much warmer, but is still favorable. there has not been the fall of rain which the nev;ly-sown crop* appear to require. The railway traffic returns are improving, and in last week's receipts there was a small increase compared with 1880. The Easter traffic is certain to be very large, as a long period has elapsed since the last holidays, and the amount of financial business in progress, and these are clearly having considerable influence over the money market. Money is, indeed, cheap but a few weeks ago it promised to be weather is all that could be desired for recreation. The value cheaper still. The downward movement which was then appar- of Biitish railway shares is, therefore, improving, and consols ent has not only been checked, but the rates of discount are have been as high as 100% to 100%. The stock markets are. Id showing increasing firmness and it would occasion no surprise fact, generally better, with a prospect of further improvement. if the discrepancy of half per cent which exists between the In the corn markets business has been quiet. British farmers open market and the Bank rates were to disappear before long. have been offering very moderate supplies, but the condition of The trade demand for money is still very moderate, and the the produce remains satisfactory. The favorable weather has quietness of mercantile business produces no expectation of any imparted rather a dull tone, but prices have not fallen to any immediate improvement. The total of "other secuiities" has important extent. The quotations will, no doubt, decline, fallen to £20,662,272, which is only £2,000,000 more than at this should the crop prospects continue good. period last year, and which is due chiefly, if not entirely, to loans During the week ended April 9 the sales of home-grown on Stock Exchange securities. The total reserve of the Bank produce in the 150 principal markets of England and Wales is now £14,.^18,895, which compares with £15,967,962 in 1880, amounted to 30,433 quarters, against 24,643 quarters last year ; ; and £19,091,514 The proportion and 62,939 quarters in 1879 while it is computed that they were in th« whole kingdom 121.750 quarters, against 98,600 quarters in 1880 and 211,750 quarters in 1879. Since harvest ihe sales in the 150 principal markets have been 1,199,570 quarters, against 988,528 quarters last season and 1,757,711 1879. The following are the present quotations for money quarters in 1878-9, the estimate for the whole kingdom being Per cent. 4,798,300 quarters, against 3,990,250 quarters and 7,031,000 Per cent. Open market rates— 2i2®2'9 4 mouths' bank bills Bank rate 3 quarters in the two previous seasons respectively. Without 258»2% reckoning the supplies furnished ex-granary at the commence6 nioutlis' bank bills Open-market rat«s 4 & U moutliu' trade bills. ®3^ 30 and 60 days' bills 238a2>a ment of the season, it is estimated that the following quan3 moutiis' bills 'ZH tities of wheat and flour have been placed on the British The rates of interest allowed by the joint-stock banks and markets since harvest; the visible supply of wheat in thein 1879. of reserve to liabilities ; has declined to 43 '64 per cent. The Clearing-House returns are still heavy, the total for the week ended Wednesday being £144,150,000, against £96,937,000 last year and £64,680,000 in : 1 ;i I discount houses for deposits are as follows Fer cent. Joint-Stock banks Discount houses at call with 7 or 11 da>'8' notion do 2 214 2>4 Annexed is a statement showing the present position of the Bank of England, the Bank rate of discount, the price of consols, the average quotation for Eaglish wheat, the price of middling upland cotton, of No. 40 mule twist, fair second quality, and the Bankers' Clearing House return, compared with the three previous years. 1881. Circul,ition, bank post Piililii- excluding V)ills depo.Hita Other dipoKits Goverum't securities. Other securities Res"ve of notes & com. Coin and bullion in I8SO. 1879. 26,707,180 27,315,425 7,0,54,746 (i,208,02C 29,424.725 6,545,999 25,949,939 15,739,837 1878. s, 26,a 4,381 31,824,5,54 20. 602, '272 15,047,079 18,607,495 14,318,895 1.1,967,962 14,906,801 22,334,573 19,091,514 28,079,25.5 7,241,867 22,359,140 16,536,488 21,151,089 9,846,189 both dep.irtments 26,226,075 28,283,387 33,516,239 22,925,444 Proportion of assets to liabilities 49-41 43-64 48-55 32-93 Bank rate 3 p. c. 2 p. 0. 3 p. c. 3 p. c. Consols 9818 lOOSg 99 95% Eng. wheat, av. price. 483. 2d. 5l8. .5d. 448. 4d. 41s. Od. Mid. Upland cotton... Od. Cd. 7d. 638d. No. 40 Mule twist... 9d. lOd. lOa. Is. 0>sd. Clear'g-house return. 141, 150,000 9G,9j7,000 61,680.000 109,487,000 . The United States is also given : 29,084.805 5,316,056 36,49'8,680 ....20,792,550 17,291,000 30,467,500 24,329,000 63,784,907 66,119.816 Imports of wheat. cwt. 34,858,965 8,133,392 Imports of flour Sales of 1878-9. 1879-80. 38.355,361 6,706,567 1880-1. 5,592,136 home-grown produce 62,352,923 05,468, JOl 885,918 947,293 1,236,521 1,243,811 6-2,890,959 Result iv'ge price of English 423. 8d. wlieirtfor season (qr.) 61,403,632 64,331,810 65,175,975- Total exports Deduct wheat and flour of Visible supply of wheat in the U. 3.... bush. 2 1,800,000 403. 463. 10.1, 23,938,360 _ ^ 523. 8d. 4.1. , , . 13,187,114 The following return shows the extent of the imports of cereal produce into, and the exports from, the United Kingdom during the first thirty-three weeks of the season, compared with the corresponding period in the three previous seasons : IMPOR-rS. Wheat cwt.34,«58,965 Barley Oats Peas 1,014 5,635,506 1,445,472 1879-30. 38,355,361 10,546,479 5,508,850 1,375,482 1,450,0.36 1,6.59,019 1880-81. 8, .52 Beans Indian com. Plour Wlieat .... . ...19,088,077 15.079,-287 6,706,567 8,133,392 KXPOR-rs. cwt. 803,183 830,311 1878-79. 29,684,8f<5 1877-78. 36,498,680- 7,413,989 6,571,218 971,713 770,311 19,327,939 5,316,050 9,163,737 6,912,519 1.118,864 2,276,643 19,295,913 5,592,136 1,145,272 1,203,312 37,620 10.451 90,349 market has prfsented a somewat firmer appear- Barley 43,194 59,'i'23 08.030 23,264 406.771 .... ance, and the quotations have slightly improved. There has Data 12,122 84.723 15,862 «i.524 ... Poas 20,404 7,025 15,836 26,195 also been an advance in the Indian exchanges. The Monetary Beans'.;;!'; 505,405 146,815 290,814 18.),<>1J Indian com Convention to be held in Paris ha.s been postponed, as the Govern- Plour 40,52991,249 90,985 8-.!,765 ment of this country is being strongly urged to send a representCable. 8nzll«li OTarHet l*oi»ort»— Per ative to it the silver que.stion being one of great importance The daily closing quotations for securities, &c., at London, to our trade with all silver-using countries. The Government and for breadstuff^ and provisions at Liverpool, are reported has not shown much willingness to join the conference, as it by cable as follows for the week ending April 29: silver ; . THE CHRONICLE. 460 Londmi. Mon. Sat. Wed. Tiies. Tim IS. Fri. 52i« 52% 52 52 1015,8 1017,8 1017,6 1017,8 1018,8 Consols for money 10138 IOII2 101% 101=8 Consols for account 1011a 33-47ia 83-55 Fr'ch rentes (In Paris) fr. 8300 83-37ifl 83-47 10418 IO413 104 14 1041a 104% U. S. 5s of 1881 116% 116% 116% 116% 11634 TJ. 8. 4>2S0f 1891 118i« llBij II8I4 118% XJ. S. 48 of 1907 1181a 4713 4778 4768 4734 Erie, common stock 47% 141 141 13934 Illinois Central 139% 140% 7112 71=8 71=8 Pennsylvania 72 71% 29 14 2914 FtiUa4elpliia & Heading. 30I4 2938 29 148% 147% I48I4 147% 148% Hew York Central Silyer, peroz d. Liverpool. Mon. Sat. Flour (ex. State). 100 lb. 12 ' Wheat, No. 1, wh. 9 Cal. whit© Com, raix.,W.new " " " " Pork, West, mess . # bbl Bacon, long clear, c\rt.. Beef, pr. mesa, new, ^ to. Lard, prime West. ^ cwt. Cheese. Am. choice " . Wed. Tues. a. 8. Spring, No. 2... Winter, West. ,n. 52 .5218 9 9 9 7 9 4 6 9 7 9 8 9 4 5 4 3 7 9 60 43 75 37 69 66 43 75 57 69 6 9 National Banks Orqasized. bank was organized this week 66 6 O 70 —The 83. ,15 101% 117 14 11S% 49 '71 "4 27% 149 d. «. d. 12 9 9 9 9 6 12 9 9 6 7 8 9 8 9 4 9 4 3% 5 3% 7 5 66 O 43 6 75 37 O 3 70 Fri. Thttra. s. 9 3% 101 II 18 10134 —Messrs. Geo. 66 43 75 37 9 70 73 37 70 9 following-named national 2,521— The state National Bank of El Paso, Texas. Authorized capital, Charles E. Moroliead, $35,000; paid-in cnpiral. $55,000. President William H. Austin, Cashier. ; — Imports and Exports for the Week. The imports of last week, compared with those of the preceding week, show a, decrease in dry goods and an increase in general merchandise. The total imports were $8,540,411, against $6,655,231 the preceding week and -$5,919,287 two weeks previous. The exports for the week ended April 28 amounted to $6,532,692, against $6,520,451 last week and $7,163,237 two weeks previous. The following are the imports at New York for the week ending (for dry goods) April 21 and for the week ending (for general merchandise) April 23.: also totals since January 1: NEW TORK. For Week. 1878. I>ry Goods Gen'lmer'dlse.. Total Since Jan. 1879. 1880. 1881. $1,148,496 5,183,333 $1,785,385 5,687,716 $2,302,469 8,606,373 *!. 843.060 $6,331,849 $7,473,101 $10,908,842 $8,340,411 $30,934,558 66,060,403 $33,233,743 69.334,706 $47,628,003 117,523.963 $39,944,201 90,181,150 6,694,751 1. Dry Goods Gen'lmer'dlse.. $96,994,963 $102,838,431 $163,134,026 *130.1'.i5,331 Total In our report of the dry goods trade will be found the imports of dry goods for one week later. The following is a statement of the exports (exclusive of specie) from the port of New York to foreign ports for the week ending April 26, and from January 1 to date: EXPORTS FROM NEW YORK FOB 1878. For the week... Prev. reported.. TIIR 1879. «3,945.499 107,557,456 $6,930,903 96,480,289 1881. .-{8,100,9.54 106,094,123 Wm. & Co. offer in New York $1,500,mortgage bonds of the Mutual Union Baliou first Telegraph Company. The company has constructed a line of six wires from Boston to Washington, D. C, and now proposes to extend its wires to all the principal cities from New York and Boston— via Albany andBuffalo—to Chicago, St. Paul, Cincinnati, St. Louis, &c. Of the total issue of $5,000,000 of bonds, only $1,500,000 is offered here, and the balance is to be taken in Boston and the We.st. A bonus of $10,000 stock is given with each $10,000 bonds. The enormous profits of the Western Union will induce capitalists to look favorably en these securities. Messrs. Kuhn, Loeb & Co. now offer one of the most prominent loans of the current year, namely, the $20,000,000 4^ per cent gold loan of the Pennsylvania Company. Only $10,000,000 are now offered, and each bond has endorsed thereon the absolute guaranty of the Pennsylvania Railroad Company for principal and interest. The bonds are secured by the leases of the Pittsburg Fort Wayne & Chicago and the Cleveland & Pittsburg railroads, and also by the company's real estate in the cities of Pittsburg, Allegheny and Chicago, and by stocks and bonds amounting to $24,000,000 (par value;, held by the company. The price is 100,^ and accrued interest. — —In an and Hatch, the bankers Road, announce an advance in the purchase money funding bonds to 112, and the series A bonds to 105 and accrued interest. In connection with this, they state that the Elizabothtown & Paducah and the Paducah Memphis & Northern roads have been purchased in the interest of the Chesapeake & Ohio system, which, in connection with other roads, and with lines now building, will, on the completion of those lines, place the system in direct communication with Chicago, St. Louis, Cincinnati, Louisville, Memphis, and other important railway centres. As will be seen from"our advertising columns, the wellknown firm of R. M. Waters & Co. dissolve partnership on the The business of the firm is, however, to be con1st of May. official circular, of the Che.sapeake Messrs. Fisk & Ohio — tinued at 54 Broad Street by their successors, Messrs. John C. Graham & Co., of Selma, Alabama. The large means and extended Southern connections of Messrs. Graham & Co. will undoubtedly command at once for the new firm a very flourishing business. WEEK. 1830. $0,532,092 121,315,368 Total s'ce Jan. 1 $113,502,955 $103,437,192 $114,291,077 $127.848,060 The following table shows the exports and imports of specie at the port of New York for the week ending April 23 and since January 1, 1881: EXPORTS AND IMPORTS OP SPESIE AT NEW YORK. —The stockholders of the Rochester & Pittsburg Railroad Company will take notice of the proposal of the board of our advertising columns, to increase the capital stock from three millions to four millions of dollars, to be voted on on May 18, 1881, in this city. If this proposition is adopted, the option to take a proportionate share of the stock will expire directors, in May 25, 1881. BANKING AND FINANCIAL. OFFICE OF FISK & HATCH, Fxporls. Imports. Gold. Week. Great Britain France Germ.any West Indies Mexico South America 24,200 All other countries Total 1881. Total 1880. Total 1879. $24,200 35,700 6,085 Since Jan. 1 Week. $4,260 $1,512,463 $19,316,775 872.360 2613,220 319,707 3,754,065 201,765 4,310 2,000 136,586 165,471 133.810 3,884 476 100,076 19,600 $161,070 $2,713,200 $26,287,958 12,279 1.208,578 1,548,596 517,723 227,797 17,040 New York, GOVEK\ME>T We give $100,000 Total 1881. Total 1880. Total 1879- $100,000 11,580 217,791 22,850 107,657 10,204 13.330 29,431 24,337 18,446 4.400 1,700 60,389 255,018 630,761 51,843 1,7?0 $3,700,969 1,663,278 6.375.101 $30,881 133,423 68,460 $1,086,417 1,796,858 2,941.555 called to the list of May ) 5 BO.VDS. 1831" to the Treasury Department " for continuance " for account of holders. And also to the conversion of Coupon Government Bonds of which is all Issues the only form in which investors can $36,633 1,517,475 Of the above imports for the week in 1881, $2,774 were American gold coin and $45,081 American silver coin. Of the exports for the same time, $24,200 were American gold coin. investments offered by Mr. Charles T. Win^r in our advertising columns to-day. Mr. Wing is among the most enterprising dealers in Wall Street, and what he oflfei-s to the public usually meets with a ready sale to good buyers. is St., April 21, 1881. special attention to the forwarding of "Sixes of Into ReKlstored Bonds, , Ail other countries. — Attention No. 5 Nassau Sine^iJan.l Silver. Great Britain France German.v West Indies Mexico South America XXXn. GtJLF Colorado & Santa Fe.—The attention of investors and others is invited to the financial statement, on another page, of the Gulf Colorado & Santa Fe Railroad of the State of Texas, the bonds of same having been lately placed on the List of the New York Stock Exchange. This road commences at Galveston on the Gulf Coast, and runs in a northwesterly direction toward Santa Fe, New Mexico, traversing the vallevs of the Brazos and Colorado rivers, one of the most fertile sections of this rich State. The G. C. & S. F. RR. was projected and built by the bankers and merchants of Galveston, Texas. It has only $6,000 stock per mile, all of which has been paid in full, and has a first mortgage gold bond of $13,000 per mile, bearing 7 per cent interest, payable semi-annually in New York, the bonds maturing in July, 1909. As will (be seen bv the statement, the road has shown large earning capacity, and after payment of interest, &c., presents a handsome surplus. 000 of the 6 per cent : FORKION IMPORTS AT [Vol. render their bonds perfectly safe from theft, We fire or loss. attend to cither of the above for a commission of one-eighth of one per cent. Holders of " Sixes of 1881 " not desiring to " continue " their bonds, can exchange them at our market office for " Fours " or " Four and a Halts "^t rates. We are also prepared to f umi»h the new Three and a Half Per Cent " continued bonds " atmirket rates to parties de-siring to Investment in them. make direct FISK & HATCH. : Aran, — : THE OHRONICLK 30, 1881.] 461 J)ee.a\,\8»0. ITar. n. 1881. LOO.-S.! 38.071 033,392.436 7,381,119 7,724,638 3,«39.324 3,172,473 102,391,.'51ll 181,677,285 71,099,880 71,573.477 2,616,203 3.331,411 4,032,176 4,581,231 Liabililies. Tiidivitlual deposits HtiUi-H ilcpoHlts Slue IS^^J^£?1^^55?*{5: United lJepo»it» of U. H. iliHliursineunicors. Due to other national hankA Tke folio wlmt dividends have Name of Company. Atclileon I Railroad*. Top. & SaiiU Fe Per Whtn cent. Payable. (quar.). Coueord £aet 'J'enn. Vir^iulu <k Ga Hanohester & Lawrcuco K. Y. frov. <fe B. (dtou'gt'n), quar. Banks. American Exc1iud;^o 5 3 5 2 3>a 10 If ational City Hat. Mechanics' Banking Ags'n. Union National .. 3 5 Dno toStat« liaiikM and bankers NoteH and bills rudiscoun ted Bills payable aunonnced rocentl v been May May May May May May May May Books Closed. (Days inclusive.) Total $2,238,398,640 $2,140,110,944 United states Bonds.— There has been the same active bnsi16 May 5 to May 17 ness this week in changing off one class of bonds for another, April 21 to and the dealera have been crowded with orders ever since the April 23 to Secretary's plan of operation.s was Issued. 4 and 4^ per May 2 to May 10 cents have risen still further in price, and theThe new 3)^ per cents, " Windoms," are selling at about 101, and draw April 23 to April 30 popularly called no intere.st till July 1. April 23 to April 30 4pril 27 to April 30 The following the text of the circular of the Treasttry is Department relative to the modification of circular No. 42 in FllIDAY. APItll. ag, 18hl-3 P. M. reference to the extension of 6 per cent bonds at B)^ per cent The Money Market and Financial Situation. Financial per annum: affairs have been quiet since our last report, and few weeks of the So much of circular No. 42, dated April 11, 1881, as requires the current year have developed less that was radically new than the bonds to be sent to the Secretary of the Treasury, in case they are to be •week just passed. The Banks of England and France are show- continued, is hereby so luoditiod that foreign holders of any of the 6 per continued as therela ing an increase in specie, and it is generally conceded that the centum bonds describeil tliirein may have them provided, upon the rccdiit of the bontts at the (iovcrumcnt agency estab- — present outlook indicates a probable cessation in the .shipments of specie to this country for the next month or two. The Bank of England has reduced its discount rate to 2^ per cent. The plan of Secretary Windom is working quietly, and one of the most prominent Government bond dealers thinks that 85 per cent of the sixes of 1881 will be presented to be stamped at S}^ per cent; this, however, is only an opinion, and we shall wait for official information from the Treasury in May before coming to definite conclusions as to the amount of boncLs to be presented. The money market is working very easily, and on Government bond collaterals an abundance is offered at 3 per cent. On lished for that purpose at the bunking house of Messrs. Morton, Rose A Co., Bartholomew Lane, London, E. C., England, and the li:iic durine which the bonds may be received at that agency for such continnnnce is hereby extended to May 20, 1881. In case the bonds are presented at the London agency the forms ol request for their continuance must be The Interest reg. 68, 1881 coup. 6s, 1881 reg. 58, 1881 coup. 58, 1881 4is8, 1891 reg. eoup. 4kHB. 1891 reg. 4b, 1907 4s, 1907 ., coup. 6e, our'ey, 1895.. reg. 6s, cnr'ey, 1896.. reg. 6s, cur'oy, 1897. .reg. 6s, cur'cy, 1898.. reg. 68, cnr'ey, 1899. .reg. • Tills Is the price bid at the cent. The Hjink of England statement on Thursday showed a gain for the week of £120,000 inTspecie, and the percentage of reserve was 49 5-ia per cent, agamst 4S% per cent last week the discount rate was reduced from 3 per cent to 2/2 per cent. The Bank of France gained 3,950,000 francs gold and 7,300,000 francs ; silver in the The week. statement of the Xew York City Clearing-House banks. Issued April 23, showed an increase in the surplus above legal reserve of .$4,013,175, the total surplus being $8,059,150, against 554,045,175 the previous week. The following table shows the changes from the previous week and a comparison with the two preceaing years la.st Differ'nces fr'm previous week. 1880. April 24. 1879. April 26. Lioansanddls. $305,717,600 Dec. $065,800 P278.8S6.200 $231,096,900 8{)ecle 66,804.200 Inc. 3,031,900 48.933,600 18,228,100 Cireulatlon... 17,217,400 Inc. 337,200 20,012.800 19,707,600 Net deposits 292,653,000;lnc 3,831.000 248,890,700 204,514,200 liCgal tenders. 14,418,200 Inc. 939,600 15,432,100 45,224,500 . Legal reserve. Beserve held. $73,163,2.'50Inc. $957,975 81,222,400, luo. 4,974,500 $62,224,175 64,415,700 $51,128,550 63,452,600 $3,059.1501 luc .$4,010,525 $2,191,525 $12,324,050 Surplus The following is an abstract of reports made to the Comp- Currency, showing the condition of the national States, including national gold banks, at the close of business on March 11, 1881, and Dec. 31, 1880 troller of tlie banks of the United ^& Pesonrccs. Ovenlrafti United States bonds to secure circulation United States bonds to secure deposits.. United Stiites bond.s on hand Otlier stocks, bonds and mortgages Due from apiirovcd reserve af-'cnts Due from other national banks... 1 Due fi-oin State banks and bankers Keal csUite, furniture and fixtures Cun-e.ut expenses and taxes paid Premiums paid Cheeks and other ca.sh items Exchan^'cs tor Clearing House Bills of other national banks Fractiomd currency Gold coin Gold certitlcatcs Gold clearing-house J)ee. 31, 1830.- 3for. 11,1381. $1,06.5,749,056 $1,069,660,001 4,103,480 357,592,550 14.239,300 24,993,900 48,445,647 126,058,473 69,061,351 17,034,578 47,774,229 4,427,200 3,180,837 14,711,4.56 229.733,.104 21,.500,853 389.921 55,369,543 7,557,200 36,053,000 5,937,525 4.120,748 3.39,801,950 14,851,500 46,530.650 4i».(!25,0.t4 120,349,907 02,207,993 17,030,508 47,440,790 7,810,930 3,530,516 10.144,682 147,761,543 17,733,032 386,569 53,910,405 5,523.400 33,401,000 6,250.370 1,004,900 52,156,439 ^IS^ 28. •la. !i5. •103% •103% T03'% •103511*103% •103% lOl^'lOl^ noi5« 102'si 102'.) •102% "103% -103* •103% 103''8*103% •103% 101 •'•s* 101!% •lOlig 102%'*102''8 •102% •II414 *113»6*113%!m3% •113-%!>114 •II4J4 11518 11514 1153a -IISH! 116 115 -115 llRifl 11514 115=13 115^8 11616 131 •131 •131 •131 •131 •131 •131 •131 •131 •131 >131ia •131 •131 •131 •131 •131 •132 •131 -11358*113341*113% •113%*114 •131 •132 •132 •132 •132 •131 •133 •132 •132 •132 morning board no sale was made. '133 136 ; each in prices since Jan. 1, 1881, and the amount of class of bonds outstanding April 1, 1881, were as follows: Range Amount April since Jan. 1, 1881. Lowest. 6s, 1881. ...cp. 101% Jan. 58, 1881. ...cp. IOOI4 Feb. 4I38, 1891..CP. llligMar. Highest. 3 24 10 3 48, 1907.... cp. 11238 Jan. 68.cnr'noy.reg. 127% Feb. 28 Kegistered. 10373 Apr. 27 $154,181,100 1 02^8 Apr. 16 320,350,000 113 Feb. 19 177,322,400 II6I9 Apr. 29 5o0,957,7<)0 136 Apr. 23 64.023,512 1, 1881. Coupon. $-11,509,300 137,234,850 72,177,600 201,614,150 — State and Railroad Bonds. There has been little activity in Southern State bonds, though the feeling is generally strong. The State Treasurer and Comptroller of Tennessee have been in this city to make arrangements for the new engraved bonds of that State, and the latest advice.s from Nashville indicate that the Eroposed injunction suit against carrying out the funding law as fallen through. Railroad bonds have beem strong and active on a widely-distributed business. Messrs. A. H. MuUer & Son sold : Loans and discounts April April A^ril April The range < 1881. April 23. .Secretary. New York Board have been as follows: closing crices at the Periods. stocks there was a little more activity in the demand to-dav, but rates daring the week have been 4@3 per cent for the bulk of transactions. Prime commercial paper is quoted at 4?^@5 per William Wisikjm, executed In duplicate. Shares. 415®412i2 50 U. 8. Trust Co 300 Oriental Bank. .I4OI4® 1 40 25 Pitts. Cinn. & St. L. RR.. 21 25 Anier. Ex. Nat. Bank 126 100 Ind. Bloom. & West. RR. 14 174 Lack. Coal & Iron Co. ...140 17634 13 Manhat. CJa.'iliffht Co . . 5 Twenty-third St. RR 1.52 the following at auction: Ware*. 9,500 Caribou Cons. Mining Co., ottered in lots of 100, with the privilege of 1 ,000 shares, but no bid will be received at less than $2 persh.: per sh 2 02i2®2 39 72 St. Paul & Duluth RU. RR. pref stock 75 75 . 50 Metrop. G'liglit Co.l37ai37ia Bonds. 25 Manhat. Gaslight Co 177 $20,000 Iron Cliffs Co. 3d and consol. mort. 10 per cent 8 Keokuk & Ues Moines bonds, due Sept. 10, 1884.108 RR. pref 44H 13 Keokuk & Des Moines 700 Nassau Gaslight Co. of Brnoklvn reg. certitlcatcs. 95 RR. com 14% 165 2,liiO Keokuk & Des Jloincs 50 Brooklyn City RR 6 Union Perry Co 156 RR. Ist mort. 5B,duc 1923. 101 le 5 Sterling Fire Ins 75 — Railroad and Miscellaneous Stocks. The stock market ha-s been rather irregular on a fair volume of transactions. Stocks do not move uniformly, some being strong while others are rela1,4.54,200 59,160,934 tively weak. It appears as if the market wa-s getting to a point where each stock was to be governed more by its own merits 6,1 50,000 6,110,000 Five per cent redemption fund 15,808,890 14,991,211 whether for speculative purposes or for investment than bv the Due from United States Treasui-or 1,233,008 2.034,058 general drift of operations in one direction or the other. If thig IS the case, the situation will be to some extent healthier, as it is Total $2,238,398,646 $2,140,110,944 much more rational that stocks should be judged on their Liabitittes. respective merits than that the prices should be governed by a Capital stock p.aidln $4.58,090,085 $458,254,035 Sniplns fund 121 744 6"9 122.470,996 general hurrah, either on the bull or bear side. .'...!.'.'!.'.'.'.'! Other undivided profits 47,'545'621 54,072.225 The elevated stocks in New York have been among the weakNational liank certificates Silver coin Silver certificates Legal tender notes United States certificates of deposit for legal-tender notes notes issuea Amount on hand Anioinit outstanding State bank notes outstanding Dividends unpaid — 32(i,83P,395 3,754,989 317,083.46o 256,754 6,184,983 1303,020,980 4,430.178 298,590,802 247.733 1,407,089 This statement is eiclnslvc of one bank each in Oregon, Montana and Washington Territories, from which reports had not been received, t The amount of circulation outslandihg at the d«e named, as shown brthe books of this otHce, was $3 13,707,519, which amount Includes Mie notes of insolvent banks, of tliiise in voluntary liquidation, and of \z^^ ?'"''' '"'^•^ deposited legal tender notes under the act of June 20, 1874, for the purpose of rctUlug their circulation. est, and the public are inclined to think that some of the managers have been quite willing to see a decline in these stocks. It is very doubtful whether such a valuable franchise as the power to control rapid transit in New York, now possessed by the Manhattan Company, will be permitted to 1ap>8e, although it may be true that there is a large deficit in the company's income for the past year. If the recent exhibit of earnings is correct, we should look to see the fares again raised to 10 cents immediately on the adjournment of the Legislature. The grand combination of the Gould roads in the Southwest is — .. . . (ITHE 462 1 CHRONIC LK rVoL. XXXYL — Railroad Earnings. The latest railroad earnings and the progressing, but the precise ternw of the several arrangements totals from Jan. 1 t^o latest dates are given below. The stateare not yet known. The bonds (carrying a stock bonus) of the Mutnal Union ment includes the gross earnings of all railroads from which in this returns obtained. offered now banking firm can The Company are by a be columns under the heading Telegraph city, and the question of serious opposition to the Western Union "Jan. 1 to latest date" furnish the gro.ss earnings from Jan. 1 The plan of opposition Ls to, and including, the period mentioned in the second column: is already brought before the public. the old one of building to large cities only, avoiding the numerLatest earnings reported .—Jan. 1 to latest date.-^ ous offices in small places that do not pay. WeekoriJo. 1881. 1830. 1881. 1880. The negotiations for a sale of the Panama Railroad stock to Ala.Gt. Southern. March ll!62,005 $17,829 $182,287 $154,457 the de Lesseps Canal Company have not yet terminated, but it 4tl.Miss.&Olii0..lauuary... 164,917 156,870 156,870 164,917 19,817 Bost.A N.Y. Air-L.February.. 41,248 19,661 40,255 was reported that $240 per share was oflfered. Apr. 42.654 28,623 636.835 569,425 Transfers of the stock of the Philadelphia & Reading railroad Bur.C.Rap.&No..3(lwk Cairo & St. Louls.2d wk Apr. 8,333 122,667 95,119 7,826 are made at the Farmers' Loan & Trust Company, as usual, and Central Paciflc... March 1,643,000 1,373,433 4,645,907 3.644.539 March 228,481 222.76575,410 are not interrupted; but certificates of stock are not issued pend- Ches.iOhlo 623,778 Chicago «fc Alton .3d wk Apr. 156,955 141,856 1,902.171 2,052,479 ing the decision of the courts as to the election of officers. 31,610 Chic. & East. 111. .2d wk Apr. 19,583 431,721 284.320 The daily highest and lowe.st prices have been as follows: Chic.&G.Trk.Wk.end.Apr.ie 33,502 392,-.;37 21,173 324.945 194,452 3,468,000 3.000,593 Chic. Mil. & St. P. 3d wk Apr. 264,000 Tiiesdny, IVednwrt. Tht*r«dai/. IFriiay. 8aturdaii< Jfonday. .March 1,162,362 Northw. 3,648,040 Chic, & 1,361,725 3,366,234 aprti 23. AprU 25. AprU 26. ^pr« 27. .April 28. April 29. 45.246 30.210 5.!.2.384 Chlc.St.P.Miii&0.3d wkApr. 422,213 68 60 63 (12 Am.DlBt.Tel. S8 57H S9 61Ji es'i, 63)4 845< 60 23,602 8t.Paul&8.31ty.3dwkApr. 29,525 290,696 383.6SO 80 80 Amer.Un.Tel. wksMar. Mich..3 49,900 & W. 46,505 184,818 165.457 Ohic. 75 75 75)4 73J4 7434 Canada South. Ibii 77« ^m 75^« 73« 75)4 74 185,001 198,220 :3in.Iud.St. L.&C.Maioh 517,451 526,458 9834 97)4 9831 Cent.of N. J,, 86ji mn 97)4 9SJ4 97 11.215 10,741 36.398 31.519 86« 86)4 S6)t 8834 8B5i Cin. Saud. &CleV.3dwk Jan. 86 86)4 mi 88 Cent. Paclflc. 86^ 87l« 88 -•5 25 17.679 16,752 279.367 259.464 25 25 25 25)4 25)4 28)4 Cin. <Sr Spring!. ..3d wk Apr. Che«.*Ohlo.. Si4^ 24H '24« -25 •40 41« 41 41), 41)4 4'2), 41)4 •40 42 Do 1st prf 42 HH 71.347 Clev.Col.Cin.&I.Sdwk Apr. 68,978 1,129,757 1,156.365 <m •29 30 30 30), •29 30)4 80)4 3034 31)4 32 Do 2d prf.. 30W 31 8,556 121,654 113,833 Clev. Mt.V. &Del.2d wkApr. 8,926 184 138 •134)4 136 13434 135 135 135 135 Chic, * Alton. 135 531,421 36,300 1,328,103 Denver & Rio Gr 3d wk Apr. 104.101 184)4 164)4 IM^i 164 :61)4 164 Chlc.Bur.& Q. 164 164},; 164 164 !C4 16j 6,478 73.682 4,670 82,505 Chlc.M.&St.P. 111J< 113 iiiMlii« 111«111J4 111 11»)(, 112)4 11234 11134112)4 DesM.&Ft,Dodt;e.2d wkApr. 26.'),226 107,267 106,43 266,547 Det, Laus. & No .March :23 125 124 124)4 1243< pref. 1229t 122?< ;22*l 122« •l2^^ 23)t 123 Do 24.064 213,567 286,142 18.351 Chlc.iN. W.. 121>il22>i 120>4 122 ;201i 121 ?4 120J4 122), l:i2 122)4 121J4 122)4 Dubuque&S.City.2d wk Apr. •133 138 •133 '133 ima •132 i::6 .... •132 186 pref. Do Februai-y.. 192,165 175,345 390,748 377,659 Eastern C.R.I.AP.new 135Ji '.38 136 136 135)4 136 136)4 135)4 138 138 i35 185 23,516 418,123 380,617 EastTenu.V.&Q.ad wkApr. 19,797 76 •75)4 76 7<) 75)4 75X •75 Ch.St.J,.*N.O. 76 •74Ji 78^4 75)4 78 wk .\pr. 39,749 Peie .Mar. 3d 30,698 532,672 468,47* Flint & 41 Ch.8t.P.M.*0 42>^ 43)4 42 41i»i 4134 42K 41M *IH 41)4 4234 41 19.437 17.517 Gal.Har. t San A.lstwk Apr 9SH 91)4 as 96)4 97 pref. 9TA 99!* «7 97« 97K 911)4 98 Do QrandTrunk.Wk.end.Apr.23 216.611 18-',546 3,257,801 3,076,193 87)4 87 87 3634 803i Clev.C.C.&I. 88 USH 87 S7ii 87)4 87)4 87 24 24?4 245* 25H 24)i 25)f 24)4 24« 243< 25 OoI.Chlc&l.C. 25 26 90.660 1,.501,672 1,378,613 Gr't Western. Wk.end.Apr.15 114,1.50 Del.iH.Canal 108H 1095^ 108H lOUJ^ 108 108^ 108 109)4109 109 107J4 10834 Hannibal&St. Jo.3d wk Apr. 44,263 5!) 1,097 703,25» 43,051 Del.Laqk.&W. II75i lll')-i nanllH>^. I17X 118^ Il7>4n8), m'4 118)4 11B34 11734 Hnust.& Texas C. 3d wk Apr. 64.616 63.205 1,212.421 1.013,831 105*( 106 lOB 105)4 105 105>9 105)4 105)4 105J4 Denver* K.G. 105^^ 106J4 104;H 437,171 1,111,792 (111.). March 460.074 1.336,205 illiuoisCen. 58^ B8)t 58)4 •58 58)4 Han.&St.Jo.. 58 58)4 58)< 58)4 58 58Jt 58 99,224 152.934 293,513 406,655 (Iowa). March Do Do pref. 104M i(m<4 Win 103)4 10S94 102« 103M 103)4 1M>4 104)4 104)4 74 26.647 22,489 73 70 IndianaBl.&W..l8t WkApr Hous.&Tex.C. 68 mn 69)^ 7i 70 138 74X 72>| 73)i 70 136 135?^ 135 135)4 13534 136 Illinois Cent.. 1.16 186>^ I.S4M 135 138J4 30,412 105.651 31,770 Ind. Dec. & Sp... March 90'.,; Int.& Gt.Nor.. 89>i 9) 91M 41.078 26.375 743,018 491,297 Int.&Gt. North.. 3d WkApr. 51 52 52 51 51 51 51 Lake KrIeAW. 51 51K 51 January... 66.169 66,169 Lake Shore.... 123H 126M ;22J^ 124 :\;254 124 122H 124 124)« 12.'i94 124 125)4 Iowa Central 279,692 116.269 89.819 326,991 S.&Gulf.March !£. Ft. C. 99 1* 67)4 B8« 97 9a)4 983< 9934 99)4100 Loui8V.&Na8h i»H 99U 97 22.187 331.014 217,033 18,879 Lake Eile&>Ve8t.2d WkApr. 22)4 23)4 Manhattan....: tSM 2-y, 24 22)4 24 26J4 21)i 23)4 49,800 17 55.800 49,^00 55.800 Mar.&C.lst pf. 17M i-TH IBM 17 17>4 ifiti -i^ 1834 19)4 1934 21 LittJeRk.& Ft. S.January... 12 14 9 12 Do 2d nrf. i>H »H 9« 10 132,500 3,147,550 2.248,983 Louis V. & Nashv. 3d WkApr. 195,500 96 91 91 87 95 85)4 8i()4 86 88 Met. Elevated »4 87)4 90 17,272 402,118 370,475 3d WkApr. 15,738 Memp.&Chail... Mioh .Central :06 108 1114« \0-.ii lO,,^ 107 105)4 107X 106% 108)i 10054 107K 61,124 4.091 3.383 66,621 Memp. Pad. & No.2d wk Apr. 28 289< 28 Mobile&Ohlo. 27« 29 28)4 27)4 28 28)4 30)4 29 i^ 3031 10.094 6,351 Mil.L.Sh.&West .3d WkApr. Mo.Kans.iT. im 47« 45J< 48M 44)4 46 443? 4654 45)i 45J4 4434 45*1 12,421 10,518 Mor.& Essex.. 122Hi2ii^ 122S 124 •122 124)4 123 12334 Mini-. & St. Louis. 2d wk Mar. 83 82 84 85 622,511 Nash.Ch.AStL 83>i 86 84)4 84 84 665.751 84J< £26,398 168,301 84K 84 Mobile* Ohio.... March N.Y.C. & H. It. 143 144 142?s l»35i 142« 143)41142)4 143% 14331 '44^ 1433414434 Nashv. Ch.&St.L.Maich 566,245 207.710 169.457 576,719 N.Y. Elevated 113 U8 112i<, 1U>» 108 lll)tll09 112 108 llbh 106 107)4 N. Y. Cent. & Hud March 7,765,679 2,854,835 7,366,426 2,668,250 N.T.L.K.JfcW. 45« 4«M iSa 46H 4554 46)4 45)4 46 48)4 47 48>4 4634 2,548,599 2,809,202 February. .1,425,765 1,252,218 L.Erie& W. N.Y. 88 pref. 87 Do 86)4 8(!)4 87)4 87J4 86K 311,139 363,363 N.Y.&N. Engl'd. February.. 173,614 149.907 N.T.Ont.iW. 33« S4« 33^ 34 33;^ 3354 33)4 33J4 34 3454 3434 34 811,033 797,345 4:) 42 Northern Pac. 43 i2H 42 42)4 43 43)4 42)4 423jN. Y. Pa. & Ohio. February.. 389,125 384,980 42H 42 pref. TiH 73>i 71 72 72 Do 72>4 713< 72 72 72)4 72 72 1,080,679 452.906 415,325 1,221,719 Northern Central. March 29« 30^ 29)i 29)4 29)4 29)4 2836 29,4 .'9 Ohio Central.. 2m 81 29)4 408,258 43.417 499,110 55.163 Northern Paciflc .3d WkApr. Ohio&Miss.., 42J4 43M 42>3 42H 43 43)4 43)4 4334 4354 43J4 4254 43 52,949 22.747 48,170 23,268 Ogd.&L. Champ. February.. Do pref. 104)4 105 !10«)4 106)4 !04)i 104)a 529,55» 601,852 306.894 257.609 Nav.Co.Maich Greg'uR. Paciac Mail,.. 51 52 5034 51)4! 50« 51J< 51)4 SSHl 5134 5'234 63H WH 107,14S 6,804 146,566 9,766 Pad.&Eli2abetht.2d WkApr. 240 240 240 247)4 252 288 25a 252 Panama Phil. A Read's 873< S95j; 58K S7H 56T4 57 56 67)j 52 3,844,304 3,278.186 10,129,133 9,306,313 53)4 Pennsylvania ....March 5«5i 5; aS'4 5.5)4 Bt.L.A.AT.II. 48 5T4 65)4 67>,^ 54)4 58 i»H 535< S2 80,226 48J< 135,642 6.284 8,017 PeoriaDec.&Ev. 2d wkApr. 126 Do pref. 129 127)4 128 1273< 128 128)4 1283< •127 129 797,357 735,377 285,573 327,678 Philadel. & Ei-ie March 63l( MU 83'^ 64« 83)i 8554 65X 653) «4-34 65)4 et.L.l.M.&So. 65 65T< 1,600,568 1,489.389 Phlla.& Reading. March 8t.L.A S.Fran. 43i< 43J( **H 44J< 44»( 45)4 45)4 45), 45 45 434,650 389,868 31.209 23,480 8c.L.Alt.&T.H. ..3d wkApr. Do pref. HiH So 85« 85)4 85)4 65)4 65)4 88 66)4 68)< 88 68 200,735 234,514 11,006 14,790 Do Ifltprf 97 97;< 97 97 (brchs). 3d WkApr. 98 98 Do 96K 97 60I< 62)4 Tei.4 Paciflc. eO!< 62x «IW e3U 61j<( 63 8! 127.100 109.334 2,236,011 1,326,832 62S; 6.134 82 St. L. Iron Mt.&S- 3d WkApr. Union Paciflc. 118i« 118!i U5H 117)4 118 117 U5J4 117 118« 11734 \MH 117 718,365 39.763 834,334 57,683 WkApr. San Fran-3d 8t.L.& Wab.St.L.& P WH *m 4814 47-M 463t 47)4 4834 4674 47 473» 47 4734 38,191 39,915 39,915 33,191 St.Paul&Duluth. January... pref mu 90li*S9« 92 x88 Do 8834 88 SS)« 87)4 88 89J4 87 828,515 83,279 1,034,172 98,036 We«t.Un.Tel.+ ill8M 117 ill6?« 116)4 114)4118)4 115)4 1I83< 11634117)4 11H)^ U8J4 8'.P.-Minn,&Man.3d WkApr. 91,9'.0 84,706 4,440 6,191 wkApr. Valley 3d ?cioto ' These are the prices bid and asked: no naJe was made at the Bfi.-ird 332,818 366,796 94,594 130,841 South Carolina... March t Sales were also miide ex-privilcre as'fouowa: Saturday. 8034®^!; Mon680,020 215.070 836,394 312.420 March Texas Pacific... & day, 80O81; Tueslay, 78®S034; Wednesday, 79j81)4; Thursday. 81)4®8'2J4; Friday. 81@813i. l,657,f>70 1,735,509 Union Paciflc ....March t Sales were also made ei-div. at 89)4@S93^. Wnl. S'^.^.&Fac.Sd wk Apr. 268.396 257.576 3,509,053 3,840,965 63,420 Total sales of leading stocks for the week ending Thursday, Wi8coaslaCent...3 wksMar. 46.930 and the range in prices for the year 1880 and from Jan. 1, 1881, to date, were as follows: Exchange. Foreign exchange has been decidedlv stronger this week, and shipments of specie from Europe have been Range for Sales of Range since Jail, 1 1881. year 1880. checked for ten days past. To-day on actual transactions th& Week, rates were about 4 83^ for bankers' 60-days sterling, 4 85^ for Shares. Lowest. Highest. Low. High. demand, 4 85M for cables and 4 8lM@l 82 ^i for commercial. Canada Southern 39,425 66 Feb. 90 Jan. 40 8138 The following were the rates of domestic exchange on New Central of N. J 93,3,'i3 90 14 York at the undermentioned cities to-day: Savannah, buying, 112 Feb. 45 821a Jan. Chicago & Alton 400 132 Apr. 156 Jan. 99 >s I5913 prera.; Charleston, buying, Ye prem., selling, Chic. Burl. &. Quincy 2,065 160 Feb. 182ifl Jan. 113 18312 par; selling, 66I2 114% prem.; New Orleans commercial, 1'50 prem., banK, 2'50 prem.; CMC. Mil. & St. P.... 81.600 101 la Feb. I2414 Jau. Do do pref. 2,687 117 Feb. 132 Jan. 99 12418 St. Louis, 25 prem.; Chicago, par to 25 premium, and Boston Chic. <fe Northw 30,225 117 Feb. 136 Jan. 8718 130 Do do pref. 3118 Feb. 104 1461* about par. 1471a Jan. Quotations for foreign exchange are as follows: Chic. Rock I. & Pac... 1,705 129 Feb. 142 Jau. 100 ifi 204 Chic. St. P. M. &0.. 5.424 40^8 Mar. 51 Jan. Do pref. 13,435 91 Feb. 109 ifl Jan. Demai%d. Sixty Days. AprU 29. Col. Chic.& Ind.Cent. 29.510 19% Jan. 2779 Jan. 91s 25i« Del. & Hudson Canal 115i4Mar. 9,715 89»8 Jan. 60 92% Prime bankers' sterling bills on London 4 83 aisi 1 Soiial 86 Del. Lack. & Western 109.650 107 68 12 IIOI4 Prime commercial Jan. 131 Mar. 4 82 ®182is 1 »4 ®4 84>« Hannibal & St. Jo... 6,200 44% Jan. 6014 Feb. 2278 5078 Documentar.v commercial 4 331394 84 4 81is®l 82 Do do pref. 11.910 94 Feb. 110 Jan. 631s 105 5 23%a5 2l7fl 5 21i4»5 19% Paris (francs) 99I2 12736 Amsterdam (guilders) Illinois Central 3.010 124 Jan. 138>aApl. 3»»8ai 3978 3978® 4OI9 l«ke Erie & Western 1..^00 20 14 42% Frankfort (roichraarks) 38iaJau. gifsFeb. 91389 95 9118 a 91^8 Lake Shore 237,300 118 Feb. 135% Jau. 95 13968 Bremen (reichmarks) 913881 95 91188 91^8 Louisville & Nashr 153,2.54 79 Feb. 100 Apr. 77 174 46I3 Feb. Manhattan 113,015 2114 Apr. 21 571s Micliigan Central 12pia Jau. 84,750 103 14 Apr. U. S. Snb-Treasury.— The following table shows the receipts 75 13018 Missouri Kan. & Tex 63.491 39% Feb. DOisFeb. 2818 49 14 and payments at the Sub-Trea-sury in this city, as well as the N.Y. Cent.* Hud.Riv- 22.080 140 Feb. 155 Jan. 122 1553R balances in the same, for each day of the past week: N.Y. Lake E.& West. 64,250 43% Feb. 52^8 Jan. 30 5118 Do do pref. 1,300 8218 Feb. 95 Jan. 47 931s Balances. Northern Paciflc 15,640 32% Jan. 51 Mar. 20 36 Do Payments. pref. 12.127 641s Jan. 7718 Feb. 3938 671s Receipts. Currency. Coin. 36I3 Obio & Mississippi 12,910 46'8 Mar. Jan. 23 441s Pacific Mail 80.010 4.T% Jan. 62 14 Feb. 27 1« 62 $ $ $ $ Phila. & Reading. 73 19 Feb. 32,550 50 Feb. 13 % 7238 475,772 29 7e.316..582 16 5,019.825 95 776,773 32 AprU 23... St.L.Iron Mt.&South, 5 1,425 5216 Jan. 34 12 66 66=3 Apl. " 76. 26.5, .599 01 4,757.601 10 02 1,360,116 02 1,246,903 25... 61, L,& Sau Francisco 1,925 39 Mar. 25 14 48 Jan. 51 " 924,096 45 1,099.693 90 75.960,502 70 4,887,099 96 26... Do pret. 1,820 61 Jan. 71 Jan. 33 65 " 27... 2,323,595 17 2,870.519 38 71.911.162 03 5,359.516 40 Do 1st pref. 750 90 Feb. 102 Jan. 60 100 " 707,782 25 71.316,223 32 5.469,549 97 722.882 09 28... Onion Pacific 5 1,379 1051s Feb. 1247a Feb. 80 113% " 687,271 13 1,759,506 21 73,792,616 91 5,450,896 29 29... Wab. St. L. & Pacific 23,830 39 Feb. 5138 Feb. 26 Is 48 do pref. 43,090 77 Feb. Do 5ti4 8838 94 Jan. 6.631.526 23 8.473.390 08 Wpflto TTnion T"l.. 49 son 80 >o Jan. 77I3 1161s Total 1 20I3 Jan. — . . . Wm '.'.'.'.'.'.'.'. . M . . — % . . . I M@% . . .. t .. . Arnn, New York City Banks.—ITie lollowinr statement shows the «ondition of the Associated Banks of New York City for the week ending at the commencement of business on ADril 23. ^ Lnam and o_,^ *«'*«• dUcountM. New Ugal ^'L'tS!''' TiXSer.. i,J'^'^, g. tion. Co.. Phoenix City Tradesmen'a.... Pulton Ol'l Brondwaj AtchUon Zrrlnic ..'.'. C*Uens' Market 8t. Nicholas Continental... Oriental Second Natlon'l. ninth National.. First National.. Third .National N. r. Nat. Bich.. , New York ft New Bowery National N.York County.. Oerm'nAmerlo'n Chase National.. .. '''°*" '10.87.1.200 ;io5.7n.«0', .i<i,Ho"4.2on 14 jin.giio afl2.flr.a.om; w.giT^nn The deviations fr»m returns of previous week are as follows Coana and disconnti Deo tSe.'S.SOO Net deposits.. |no. »S,83I.00O •peole inc inc Inc. The foU()wing are the totals of the New York Citr ^ House Banks' retarn.s for a series of week.rpast: Loan*. Spfeit. 1881. « 20. ..315,331,000 27. .. 31.3,324,1)00 4. ..305,7I'1,100 11. ..283.050,200 18. . .893.,S72,600 24. .. 292.417.800 ..297,750.700 8.. .304,080,200 15.. .S02,H64,aiO 88.. .307.tv>«).H(X) .810,6«3,200 . ..318,00',J,800 12.. ,317,138,100 1».., .S20..S07.300 26.. .3ie.5'<4.400 .298,4^,400 32... .298.255,900 19.. .300.177,300 " 26.. ..300,622,(X)0 Al^l 2 . ,,300,'«-l,l00 .,.905,214,400 " " 18.'. ..306,3«3.4U0 23.. .305,717,600 % 63,830.800 80,177,800 51,534,«00 5:t,«3.'1.200 55,877,800 51,086.000 58,047,900 L. TetuUrs. « l'J,07«,900 12,01>.S,200 12,038,700 12,579,000 13.318.400 l.').3»p.80O 12,796,800 Dtposttt % 295,871,400 289,527.100 278,132,700 286,385.200 267,629,800 297,068,000 272.408,900 01,948,800 13,817,400 285,787,700 15,638,100 292,878,800 16,:W5,800 298,931,900 17,287,1100 302,512,300 a7,8'>3,700 1.^9'7,500 307.097,200 67,8 J. 1,800 15,548,000 807,924,300 «.).8J9,800 14.88-.2IX) 307,718,100 68,074,200 1S.048.000 298,517,300 51,8114,100 13.289,'200 274,443,800 5S,S8»,000 12,4«6.«00 271,688,800 .59,55 J.OOO l-.s,a4 1,800 277,931,800 57,868,900 12,8:t4.500 275.588.,">00 57.811,000 12,710,500 27.5,495,400 80.129.000 12,472,700 282,788,500 «a.^ 1 9.300 I3,4i8,600 288,821,100 88.804,200 14,413.,'00 282,653,000 65, 182,500 86,484,100 68,284,100 CircitlatUin 837,200 do do do do do do Aot. CUar * *eb. 7. ' 14.. 21.. " " 89.. Mar. 7., ' " 14,, 21,. Lonna. « 1dO.W1.SOO 152,018,200 151,819,800 152.104,500 152,499,800 150,72.3,800 140.851.400 148.628.800 145,529.000 Specie. 7,489,500 7,741,400 7.848, 00 7,778,000 7,207,700 2.8;»,10fl 1 «,907,»;J0 8.171,O;)0 5,53.5,1(X) 5,780,100 6,842,300 5,848,200 , 147,5.51 .'ioo 11., 18., 148,289,»i)0 148,1.29,200 »,, 5,il07,lu0 8,084,8(10 148,037,100 6,582,000 • " • Uo.ULOOO 07,4:«),,30O uo do Cutawlsaa do pref Csmden 18,3.52,300 947,812071 lj,25li,500 1105,482,825 •7.582.100 97,4 8,700 97,127,100 »<.218,100 83.082,400 87,8OS,40O 1 2,54'.).100 774,6,84 705 »50,448;299 16,709,000 815,1.34482 I8,.SS0,200 724,l-a!359 17,217,400 978.263,386 2.488,.300 2.487.400 2.470,700 2,532,300 2,793,700 . Little Schuylkill Jilnehlll Nesquehouing Valley Norrlstown North Pennsylvania 8.5,772,500 85,088,800 85,468,100 85,82^,900 88,959,800 a8,B89,300 80,121,800 2,87'),000 2.4.^8,:)0l) 2,431,400 2,760,100 & Heading 78,578,8.30 Phlladclphlaft Trenton.... Phlla.Wllmlng. ft BaUlmore »t. Paul ft DuluthK.K. Com do do pref 85,747,52^ .210.2110 71 ,880,4,30 ,I35,8(X) ,2Si,70O ,481,400 ,824,500 Including the Item " due to other banks." Pennsylvania ft ,785.700 Erie 83,848,374 70,117,775 «9,H34.123 68..840,822 69,ni«i,257 70,483. 791 79.105.341 77,582,234 arfL"S|'|'» Loans. t 1881. Ju. »*. 31. Veb. . 7. 74.409.-273 14.... 21.. i8... Mar Ar- 7... 1'... 81.... 88.... 4 72.560.007 73.187.879 .. II.... l*... . 74.937,184 75,355,21 •) 73,791.848 . 71,0.11,851 . . 70,863,787 70.583.874 L. Trnden. * 20.373,040 20,315,753 20,348.5-M 20,031.487 20,4.)t).887 18.1K3,122 16,875,724 17.17.1,494 17,8:18.897 '70,178.265 70,260.0)15 17,.">3)l,l,52 21,181.796 *t.305.7«l 18,685.372 *;4S5.827 17.r.73.;)7S 18,4*4,8. )8 do 68, hoat&car,rg.,l9;3 do 18, boaf&car,rg.,l9..5 Susquehanna fiB. coup.. :9. 8 • HALTIItlOKE, Maryland Ss, defense, J.4 J.. do 6s, eiempt, 1S87. .. 53>4 do 6!", 1890, quarterly.. do uo as. '.... 58. quarterly 68 Baltimore 68, issi, quarterly |107 '"»' •do 6s, ;8S6. J,A J 1I2X '68 5S do 68, 189:1, quarterly... 119 69X 81% do 68, park,li)90,(j.— M. 27 «1J4 8l»s 6.5..340.43I H5,27:i,5-25 65,888,884 67,436.318 87.381.557 65,602.888 81.549.924 61.752,081 81,000,178 61,17.1.413 02.458.3.5S e.3,771,4M «7,B59,,Sa0 87,301,923 Oireutation. * 12.188.558 12,122,337 12,136,113 12,159.740 12,irt»9,714 10 ;«4 8,30 Aga. Clear. t 51,9.52.921 48.098.832 62.415.:>59 47.581.828 5I.V59.010 5I.724..V'8 0,678,776 59.88.1.4711 9.951, 0.'i3 48.030.201 47.595 115 45.239.308 9.990.283 10.006.706 I0.IUC,,592 10.115.128 10.181.981 10,1JW,55« 53.310.4.58 48.057.,3S7 44.087.129 81.860,874 «« 46)« .'. pref.. Susquehanna 13 (J Sf, 13,6. new 6s,exempt,'K.M,ftS -J 1?2 J.ftJ .. 138 88 Par. 200 ...100 prtf <^o ist do do do 8d prtf Wash. Branch. 100 Parkersb'g Br..Su . Northern Central 50 Si Western Maryland S" Central Ohio 50 45 PItUourg ft Connell8vllle..5(' BAILBOAD BONDS. Bait, ft Ohio 68, lS35,A.ftO. .. iu7« 107H Camden «Amboy 68,conp,*83 6s, coup,, new 78 p do 6s, gld, 1900, J.ftJ, li'a 117 Cen, Ohio6s, i8tm.,'90,M.fts iiiau 114 W.Md.6s.l8tm.,gr..'90.J.ftJ ^ do Ist m., 890. J.ft J... ii'a'u 114 i 105 '69 'd2. '88 .. m..gnar.,'85,J4JI I 59 . Catawtssa Ist, 78, conv., do chat, m., lOs, W. Va. 3d H. "*» Northern Central 6s, '85, Jftj'loW *'"» ^» iibu do 68,1900, A.ftO. do mort, 68. *89. Cam. A Atl.lst m 78. g.. l'»s !15X do 20 m. cur. 78, 'p7m.. 105 Cam. ft Burlington Co. 68,'»i. aeiaa.,, 88,1900, 6s,190i. Plttsb.ft Conneirsv.78.'98,.>ftJ 124 . * jlu do do do do iwx M.ftS Balt.ftUhIo 31 Allegheny Val.. 7 3-lOs. 1896 do 78,E.BIt„l»10 do Inc, 7s, end,, 'M BelvIdereDela, ist ra,,68,19V2 ''o 2d m,»8, 'Si,, do Sd m. 6s, *d7. atawlssa. 6a, 189S, . ^io ( do KAILROAD STOCKS. . do pref Peansylvanla do ' — Norfolk water, ! ::: RAILBOAD BONDS. Deposit*. Dela. ist 68, rg.,'86 ft Schuylk. Nav.lBt m.68.rg.,'97. 106 do 2d m.6«. reg., 1307 28X 26H Morns Schuylkill Navigation.... "''•iks-Tl^'' totals of the Philadelphia banks 20 Delaware Division 6s, cp.,'78. ;;,:,•, Lehigh NavIga.m.,Ss,reK.,'8j Jv?H do mort. KK.,rg .'9: do m. coov. g., rcg.,*Hi '29« do mort. gold, '97 do cons. ra.7s, rg.,19r 23H Morris, boat loan, reg., 188-5. too Pennsylvania 6s, co'if., '.910 28 United N.J. Companies West Chester consol. prof.. West Jersey CANAL STOCKS. Chesapeake ft Delaware Delaware Division * Lehigh Navigation ft do K'o G'andc D v.. ,.„ do cons. m.. 6s,g., 1905 1.^*^OO Inc.ftl. er 78 19I5---. UnlonftTliu.v ;stra.7S.'9l) '<«« United N. J cons. m. 6s, '94 Warren ft F, Ist m.7s,'9«.... ii6X iiiit West Chester cons. 7b, '91 West Jersey 6s, deb., coup.,'8;do ist m. 68, op., '96 do 1st m. 78, '99 .. .. do con?. 8s, 1909 ... W. Jer»ey ft At lit m Ss, cp. Western Penn. RR. 6s,cp.'9ji. do (8 P. B.,'9« CANAL BONDS. Chesap. pref Philadelphia 77,.50I,141 Mi . 180 pref Piilladelphla 80,193,675 .813.800 ,811,900 .8:5,900 ,975,500 Atlantic 89,188,828 I97,'20fl 105 M« do do pref.. Har. P. Mt. Joy ft Lancaster. Huntingdon ft Broad Top... do do pref. Lehigh Valley . ]6,8:!0,500 60 80 . Delaware* Bound Brook.... J^-ZiiJ-""' ifc9j C, 7s, B. 18937s, coup, off, '») m East PeUHsylvauia Elmiraft WlUiaiiisport 1 off, 8yra.Gen.ft Corn'if,lst,;s,1900 Texas A rae. 1st ,«s, g..l905 cp pref new do 16,181,800 1143,978 ,';45 15,448,500 1241,0,5«;579 15,488,100 '.020,9f)7,»c5 *• 2.503,881 ia'y,}.'l9" ft 1..93* , 1st, 6b, 1884 ist in. 7s 1907. W.lst m.,5»,'21 2Jm.6i. 9)3.. ft Erie 1 si in . 78, '»7.. do Snnbury BAILKOAD STOCKS. ft Weatem... 1I55,45I)4T3 lfc,.3a3„300]042„3»5 915 cup. conv. SUQb. Haz. If" , 18,3,30,700 couo .b. do Stony Creek 14 reg.,l!j!)^ilSA do d fcrlp, \Sii Steubenv.ft Ind. 'si'k 13« I Buffalo Pitts, .888.600 .727.500 ,583,700 132 SI (s, 10-15, reg., i.iT;-'82. 18,426.200 1179,878 986 18,425.000 1 1 79,899,'303 13,315,500 1224,1)48, 1,S2 i24J4 do ieg.,lsi; i'on'.m.6.,g.iui;i9Il lmp.m.,6*,g„ c. iod: gen. m. 6j, g., c.l'Ot in. m.,7s,coup„'896. ^? „ n... ifio I 114 do 66, old, reg do 68, n, rg,, prior to'95 do 6B,n,,rg„1395ft over do 48, various DepDtiU.' CIre ulation. .!«. Clear S 3.753,400 .3.808,IX)0 8,:«»o,.800 " 28., Apr. 4 " L. Tfndtrt. » 5s, g'd, int.,reg. or 5s, cur., rejr 5«, reg., IS8'.J-1332 do ad m.. 7s, cp..'JS cons. m..78,cp.,i9ii Phll.ft ll.Coalftlr'n deb.7s.!iS' do deb. 7s. cps.ofi •••• A Nashua Ss.new. 68. cp., 1905. ••• do mort., 78, 1892-5. llH Phlla. Wllm. ft Bait. 6s, '84... "., PItts.Cln.4St. L. 7s, con., ISOCi^*^ do do i32 7».reg.,19'('l--Rich.* Danv.cons.lnt.Bs.ig 5 115 Shamukin V.s, Poti8v.7», l9ui 51 68,19-25, reg., W2-'92 41, reg., 1394-1901 Philadelphia, 5s reg 8fl«,076,513 18,868,200 1072,880,747 18,471,400 1 155,004,682 18,4,85,200 940,101,842 18,474,400 1174,074.098 18,431,400 804,522.749 18,408.200 817,831,113 : 1881. 24.. _•• 81.. 150 60 108 161 8TATB AND CITY BONDS. Penua. Boston Banks,.—The following are the totals of the Boston banks for a series of weeks past Jan. U5 10« England.. PHILADELPHIA. flniLrin^ "*^ t 18,7.30,400 S3)i '45 Heverc Beach ft Lynn Vermont ft Massachusetts Ken.m. cons. m. 6s, rg., 1905 cons.m. do do do do do CO do do do do * o do do 150 83 Wltcon-in Cent.al do pref... I 3.9M4,»00 CiroulMlon... DStf.BOOi ra. 68, cp.. 19:0 68, ig.,l!)10. 31 Bur ft Worr-ester • I<«<nU tenders Tol. Del. Penns7lv.,geD. ""o 5s, 9W ™.., P", . Phlla. Newt'o ft N.T.. Ist m. Phll.ft H. 1st m.6s.ex.due 19.0 X \ii \ — .1. 31J( w84H . Northern of New Hampshlri Norwich* Worcester. ... egdensb.ft L. Cbamplain ... do pref.. Old Colony Portland Saco ft Portsmonti Pallma'i Palace Car Rutland, pref erred Fifth Avenne... Germania m 3I>« Scrip EB.78;ifl96... 1906.... o 5) „ Penn. Co, 68. reg Porklonien 1st m.(s,coup.,'8. Phlla. ft Krle !d m. 78. cp.,'88 do eons. mort. 68. WO Si 100 do pref Fort Seottft Gulf, prcf do common. lowaFallift Sioux CI y... K.c. Law. ft SouyiBrii.Bx.K Little i;ockft Fort smith Manchester ft i-awrence. ... Mar. Hough. A Cit Mar. llosgh. ft Oat., pref.. Nahsuaft Lowell Bast River... " Hi 95H 97 ft B., 7s, cp.,'9( P«.*N.Y.C.* do do do Eastern (New Uampshlre).'.! Fourth National. " ft FllatftPere Marij Central Nat Ist m. 61, cp.,'88 iHiiiK do 2d m. 'a.cp,, '96 do gen. m.7>, cp.,19a8 do gen. ro.78, reg.,i90< do new loan t,s, rc2 on Creek 1st m.7s, conp..'a> 108 do Maine Providence ft 130 1385,- isn* ... 121 North. Penn. x FItchburjf A Tr., Park Mech. Ukg. Ass'ii North Iliver. .. Mar. Lowel: 7s, reg., 1910 6s, rg., 19^ con. m., do Kasterii (Mass.) Marine •• Al' ft m. 28 rlttsb. Tlluav. Connecticut River Conn, ft Passumpslc Corn Exchanite. " " Topeka . aiy ft ft . . ' . do 6s,f p.,i9 ^ Little 8ehaylklil,iBt m.7»,'rt 1:7), Concord : Bhoe & Leather.. Oerman Kxch. do do do WW, Cheshire preferred Chi-. » W. Michigan Cin. Sandusky ft Cler Nassau " do t;ii.9i. 58, 13)5... .... d. Is., tol.... 1.... ! mort. 6s, '82. 2d mort. 68, 1900 Ist Lahlgb Valley, Isi.6s,cp..l8ati'l22)4 do doreg., 189i...il2a 113 4i... 1065, <'olony,B8 Boston Boston Boston Boston '. HanoTer do <'o ItkMaa Athens 1st g lOS ... fueblo ft Ark. Valley, 78... Kutland fis.lst mort Vermont ft Mass. KK.. 88 .. Vermont ft Canada, new 8s STOCKS. Ctaathani People's •• 1897. m. IS, gold. 'is.illl 'W m. f ..fcrlng.,;* .... cons. m.7s, ISJj. .. .. '.Id Jaoellon 'H^aensDurg ft Lake Old Colony, 7>.. Mercantile Paciac Republic " 2a. Fob. 5. 7fi, new. 7s Utile Commerco 7an. 1C9J4 New Vork State of N. York. American Eich.. Hetroimlitan do do do 1!6W iian.City. St. .lo.ftC. U. is. ») IlK lilt ft Ft. Sinlth,7s,lsl u«X 117 ft New Eng.tj.... lOKJ, 110 do 78 ... 119 New Mexico * So. Psc. 7«... lift Butchor»'4Drov. Mechanloa' A Tr. 31 1881. wan HarrlsbDrg 1st mor>. 6s, '*».. .... U.ftB. T. Ist m.78, gold. •«),.... do l«tm. Ts, fj. g.'ujl .El Fort Scott ft Oulf 7s Hartford ft Krle 7s K. city i.awrence ft So. Greenwich Leather .Mun'f'r.s Seventh Ward... " " " do Nebr.Ss do Nebr.as Conn. A Passumpslc. do AUk. KastlVnn. mt loo't. 7s, '88 1.... Kl.ft W'msport, Ist in., is, '60. .... do 58, perp .... .1 ., FItcbburg UU.,«s Chemical •' i^a daflicrn. MasR.. 4><8, MeroJi'nts' E»ch Oallatln Nation' •• Hi.. « Aioany 7s do as aoston iLoweins do «8 .. Boston A Providence 7s... Snrl. A Mo., land arrant 7s. .. Union BU. 6a, 1«»-1<0« Chartlers Val., Ist m. 78.C.,II0 Delaware mort.. 6b, various. Del. ft Hound Br., 181. 78. 190f. 180 m.7t land (rant7> 1st lioston Fork North America. •ouxma*. A$k. ConnecUne do do landTnc. Boston A Maine 7s drcula. Mechanics' Oee. & Tcpcka Itch. Amerioa Uov. BU •BOirsITIXS. Merchants Importers' Boston, Philadelphia and Baltimore. BOKTON. Average amount of Capital. 463 m Qaotatlons 1881: ManhBtUn . THE CHRONICLE. 30, 1881.] Btmla. " . ' .' 1900. .. ( Per (Hare. |. I. , do 2dm.,guar.,J.4 J....' do 2d UV •« m.. Ul., Ill pref CI ...I. do 2dm.,gr.byW.Co.Jaj 114 do 6s. Sd in., guar., J. ft J. 122 I iVd A A .. Host do 2d. M.ft N 'oVu do Ss,Sd, J.ftJ 48? Union RR. Ist. guar., J. ft J.. do Canton endorsed, ii'tf'^^ liwi Mar. ft CIn. 7s, '9!, F. — . .. . — . ..1 . . THE CHRONKJLK 464 Bonds and NEW ... ; I YORK. Prices represent the per cent value, whatever Baiiroad Stoek» are quoted on a previous page. active . rvoi. zxxii. QUOTATIONS OF STOCKS AND BONDS IN U, S. ) . ... . .. tTie par may he. STATB BONDS. BKCtntnics. SBCtTRITISS. Alabama— Class A, 2 to 5 7m w . . Class A, S to 5, small Class B. 5s Class C,2to4 U L. Roclt & Ft. Scott IsB. Memp. & L. Kock L. R P. B. * N. O. RR. 7«, Mies. 0.4 R. R. RR.. 1», It, RR . ii" •Si, 7s, Arkansas CeoLral Connecticut —6s Georgia — 68 11 RB 11 104 new 111 111 endorsed 117(t IIS gold Ijouislana- 78, consolidated 78. small 115« 112 119 110 110 '92 New York—68, gold, reg.,'87 11(1 W HOH 6«« Sij coup, off, J. 4 J. coup, off, A.40. Funding act, 1888 1868 do New bonds, J. & J 112 Funding, 1894-95 Hannibal 4 St. Jo., 1886. 1887. do do A.40 do Chatham RR do 110 South Carolina— 65, Act Mar. 23, Non-fundable 68, 68, 18 Alk. 8« class 3 1869. ' f ' new new series Virglna—6s, old e8,new,lH66 6s, new, 1867 68, consol. bonds 68, ex matured coupon.. 6b, consol., 2d series 6s. deferred 88>i D. of Consol. 4s, 1910 119 120 121 Bid. Tennessee—6fl, old 7 8 8 Special tax, class 1 do class 2 110 no 68, gold, coup., 1887.... 68, loan, 1883 1891 68, do 1892 88, do 1903 6b, do North Carolina—68, old.J*J 35 141 141 121 121 13 13 21 21 4J A.40 do do do SKC'UKITIES. Rhode Island—68.coup.'93-9 6s,old, A.&O No, Car. BR., J. m due 1886 due 1887 due 1888 due 1889 or '00 Asylum or Univ., due «s, 68, 68, 6s. UK) IW Arkansas—68, funded 78, 78, 78. 7s, 1890 Atk. Bid. N. Carolina.— Continued 102 118 Missouri—«s. due 188S or '83 105K HI 84 68, 10-208 glCURtTIXB. Atk. But. Michigan -68, 1883 Small Columbia—3-658, 1924. Registered Ohio—68. lom.ioaj, 1881 no 6s.l»ifl Funding 5s, 1899 do registered .... 1 — RAILROAD AND mSCEIiLANEOITS STOCKS AND BONDS. Chic. Mil. 4 St. P.—Cont'd. Ist m., 7l. » g'ld,B.D.,190'i 123 iBtm., LaC. Dlv.,1893.... il2l)i istm., I. 4 M-, lt«7 tl22 1st m.. I. 4 D., 1899 122 IBtm., C. 4M., 1903 Railroad Stocks. — {Actice previously quoted.) Albany ta Susquenanna Atchison Top. 4 Santa Fe. Boston 4 N. V. Air L... pref. & West pref. do do Burl. Cedar Rapids 4 No... Cedar Falls 4 Minnesota.. BuBlilo Pitts. Con. sinking fund, 1905. 2d mortgage, 1884 Ist m., 7s, 1.4 D.Kxt.,1908 S.-west div., Ist 68, 1909. 1st5s, LaC. 4 Dav., 1919. Central Iowa Ist pref do 2dpref do Chicago & Alton. pref Chicago 4 East. Illinois 1st So. Ist Chic. Cin. Ind. St. L. 4 Chic Cln. Sandusky & Cleveland Clev. 4 Pittsburg, guar Mini iOS Chic. Danbury A Norwalk Dubuque 4 Sioux City 4 Flint Harlem new. Keokuk 4 Bes Moines do do nref. Louisiana 4 Mo. River Louisv. N, Alb. 4 Chicago.. !55(« Milw. I,. Shore 4 W., pref.. Missouri Pacific N. Y. New Haven 4 Uartf SI'f9H; N. T. Ontario 4 West. .pref. Peoria Decatur & Evansv.. 838" Pitts. Ft. W. 4 Chic, guar. !129 Rensselaer 4 Saratoga Rochester & Pittsburg.. 29;i 30 Rome VVatertown 4 Ogd.. 8t. Paul 4 Duluth iS6" j . pref. do do St. Paul Minn. 4 Man Toledo Dolpho.s 4 Burl Miscellaueous St'ks. Adams Express Expres.s United States Express Wells. Fargo 4 Co Atlantic & Pacific Telegr. 191 S27H 33 40 Colorado Coal 4 Iron Consolidation Coal of Md.. Deadwood Mining Excelsior Mining Gold & Stock Tel Homestake .Mining I.,a Plata .Mining Leadvilte Mining LitUe Pittsburg Mining 11 5 25' 24)4 ... Mariposa L'd 4 Mining Co.. do do pref. Maryland Coal Coal N.Y.4Texas Land, limited 3« 127 18,.; do pre" Silver Cliff Mining... Btandara Cons. Gold Mining etocmont Silver Mining Sutro Tunnel ? Railroad Bonds. m Bur.Ced.R.4North.— Ist.Ss Mlnn.4St. L. ,1st, 7s, guar Iowa City 4 West'n.lst 7s C.Ran. la. Falls 4 N.lst Oh Central Iowa, 1st m.78, 1899 OheBap.4 O.— Pur. m'y fund 68, gold, series B, Int. def. 68, currency, int. deferred Chicago 4 Alton— Ist mort. Income S Sinking fund JoUet 4 Chicago, 1st m. Louls'a 4 Mo., 1st m., guar do 2d 78, 1900. Bt. L. Jack. 4 Chic. 1st m. . do do do 1st guar. (504) 7». '94 2d M. (360) 78. 1.S98 2d guar. 188) 7s,'«S 1 Mlss.Riv.Bridge,l8t.B.f,88 Chic. Bur. & Q.—8 p.c, Ist Consol. mort., "s m 58, sinking fund 1.4 P.—6s, cp.,1917 68, 1917, registered Keok.4 Des M., 1st, g., 5s. Jentral of N. J.— Ist ni., '90. 1st eonsolldated, assent'd Convertible, assented Adjustment, 1903 Leh.4 W. B., con., g'd.is'd Am. Dock 4 Impr., ass'td Ch:c.Mil.4St.P.— l8t.8».P.D TTinrt., 7«-in. P.D..1S98 fnce* uomiiuil. . 123' .. ;ii8 tmii t. ... Ist Pa. diT.,coup., 7s, 191 reg., 7s, 1917 do 121 113 .. 113 i03u'io:«< I lua 109 I2_l 12) t!35 109 128>4i lUO 109 ... I 12«!i I2H 119>4 120 128 12llH gold 78, 1920 — N.Y.I.,.E.*W.. newad6s.. do Ist.con., f, cp..7s do 2d.con.,f.cp.,5».»s Flint 4 P. Marq., M. 6s, 1920 il02i4 4 do do . .... 110 _, 112H t 47Ji 80 ei' 66 80 7S 51 I — 1st 110 . 53 96 89 .., ! 101W'!02 Miscellaneons List. illrokerK' Quotations.) . RAILROADS. . 112« 2 Boston Hartf. 4 E.-Stock. 70 Chic.4Can.So.— Ist ra.,g.,79 Chic.4 Southwest.- 7s.guar H20 ... 113 i;:«'ii2 107HI1U8 Galv. II0US.4 10.59il fis,cla99 H.— 79, gid,' . 75 1 Kansas 4 Nebraska— Ist m. 2d mort ... ... 10-2S! A. do lst«8.Pelrce,C4<) do Equipra't 73, '95 South Pac. cf Mo.— Ist m. tl08 Texas 4 Pac.-lst, 6s, 1905. 103 sb" 87)i« 45 47 Long Island- 1st mortgage. 112K 115 90 88 2d mortgage. do 87 SS^ Mldlandof N. J.— 1st, new. 17 I8>a Income,"A " do "B" Stock N.J.Simth.- Int.guar.,69. 99 3-89, class C. 3-«s. class B. 3 75 85^ N.Y.4Greenw. L.— lst.7s. n. 2d do St. Joseph A Pacific- 1st m. 2d mortgage 102W St. Jo. ft Western stock 108^ 11 35 100 44 IS 92 54 27 109}^ 110 103 Sonthern Securities. Consol. 65.1905 112M 113 86«: Income and land gr't. reg. mort.. West. Div., 7s., 111 1st RioGr, Div.,68, 1930. 9-A Istraort., Waco4N., 73. *1I0 (a-6*er*' Quotations.) 120 Pennsylvania RK Main line, 88 2d STATES. ..Il40 .... Pltt.s.Ft.W.4 Chlclst m. 2d Waco 4 N., 8s So.Carolina— Con., 68 (good) 128 Ol^i 62K 103 105 2d m.. do do Inc. and ind'y. 79 104 Browne cons 3d m.. \WH Ul Ill.Cent.-Dub.4SiouxC.l5t 103 105 do do 51M Virginia— New lO-lOs 125 Cleve.4 Pitta., consol.. s.f. Dub. 4 Sioux C, 2d div 114 103 mort... Ist m.. 4th 4 Minn., do F. Cedar RAILROADS. 103« lnd.Bl'm4 W.— lst,pref.78 119 U9ii Col. Chic. A I. C, 1st con tllO 113' 114 Atlantic A Gulf— Consol.. 2d con... do 1st mort., 7s, 1900 89H Cent. Georgia—Cons, m., 7s 117 79« 81 2dmort., 1909 do 1st Tr't Co.ctf s.ass. 142*4 Stock ass. S5k Ind's Decatur 4 Sp'd 1st 7s 106 do do 2d Charl'te Col.A A,—Cons., 7s 108 tt suppl. 121 do do 1st Int. 4 Gt North. 1st 6s,gld. 113!< lib" 99 2d mortgage, 78 120 115 8t.L. Va.4T.H., 1st g.7s.'97 L. Shore— M.S.4N.l.,s.f.,7s 113 40 Stock 102 it 2d 78, 1898 do 1-.4W Cleve. 4Tol., sink. fund.. 112 B. Tenn. Va. 4 Ga.— 1st, 78. 117 115 2d gtd.is, '98 new bonds. * do do 113)i 1(0 Stock Rome Wat. A Og.—Con. 1st. Cleve. P'ville 4 Ash., 78 113>i 112 Georgia BR.— 78 Buffalo 4 Erie, new bds... 120 Roch.4 Pitts Ist, 69, 1921 I'.O 102 Buffalo 4 State Line. 78. St. L. 4 Iron Mount'n— lst?m 150 Stock tlU Kal'zoo 4 Vv. Pigeon, Ist. tl02 2d mortgage Memp. 4 Charles— Ist cons 112 Det.Mon.4T.,lst.78.'1906 120 Arkansas Br.. 1st mort 111 1st cons. Tenn. lien .... Cairo 4 Fulton, 1st mort. Lake Shore Div. bonds. .. 120 E4« Stock cons, coup., Ist 1275^ 130 Cairo Ark. 4 T.. 1st mort. do Mississippi Cent.— Istm. 78 105 i06« cons, reg., 1st.. 120 ,127 do St. L. Alton 4 T. H.— 1st m.'*120 1!0 2d mort., 88 il08 .. ., IJllOH cons, coup., 2d. 125 do 2d mortgage, pref 110 ' 124)9'123 107 N. O. 4 Jacks.- 1st m., 88. 127 income cons. reg.. iJd do do " Certificate, 2d mort.. 88... 117 '106 .... Belleville A So. 111., 1st m. Louisv.4 Nash.— Cons.m. ,7s 119 .. let m., 88. 124 Northeast., S. 1125 106 2d mort., 7s, gold St. P. M. 4 .Vanit'a— 1st, 78 118 2d mortgage. 8s 124 1OTK .. Cectlion Branch, 7b 2d mort..«s. 1909 Rich. A Dan.— 1st ccnsol.,68 104(4 lOljil Dakota Ex. 8s. 1910 N.O. 4.Mob..lst8s. 1930.. 101 103W 97 Stock 118 119 ... 108 Tol. Del. 4B. r'ds, main 8s E. U. 4 Nash., 1st 8s, 1919 Southw. Ga.—Conv .7a, *86. 110 105>j 106 S90 Gen.raort 8s, 1930 1st Dayton Div.. 69, 1910 120 Stock 1910... i98 108 Trut.Bs. Pensacoladiv., 6s. 1930.. tl04 Ter'i 1st 10« 8. Carolina HR.- ist m., 7e Wab.St.L.4P..gen. .691920.. St. Louis div., 1st as, 19211 104 1108 49 Stock, assessmt. paid 93 2d 3!, 19801 55>i 50 do Chic.div..5s.l«10.. do 109 ilSlW 79, 1902, non-enjoined Nashv. 4 Decatur, 1st. 7s. *121 do Hav. Div., Bs, 1910. *100 "0 Non-moitg. bonds 1.12 do T.P.4W.,lst7».1917' 116 ,L.Krie4West.-1st68.191tl 109 I07H Ist 78.. Western K. ro.. tI22 8and'yDlv..«s,iniH' do ....lOOHi VTab. RR.— Mortg. 79 of '79.' ins IM 76: or. 99 100 6 745s tei N.O.Mob.ATex.deb.9C.1930, Ohio Centr.ii— Inc., 1920.... Ogdb'g4L.Cliamp. inc. 1920 Peoria Dec .4 E'vilie— Incs. 107H^ Evansv. div. Inc 1920 ... 10«k: Roch. 4 Pitts.-Inc, 192;... St.L.I.M.4S.— Ist 79,prf 2d 68. int accum'Iatlve Stg.Iron4 U'y.Ser'9B.Inc.94 Xol.Delp.A Bur.,lnc.6J.1910 IIOSJ^ do Dan.I)iv..«9.I910 Tex.4 St.L.,Ld G.ilnc.WJO , Pac— S.F.,2d 99f 99H 48U .Sd do 4th do N.Y.LakeE.AW.Inc. 6s.197r I'd Istes, 1896 Denver Div.,6s,a8sd,'99 1st cons. 8s, 1919 Cen. B'ch U. Pac— l9t 6s F'dCoup.69. 1895 .. . Atch. C. 4 P., 1st 8s, 1905 At. Jewl Co. A W.-lst 8s Utah So., gen. ro., 7s,190fl Mo.Pac.lst cons. 6s,1920. Pacific KR. of Mo.— ist m. St.L. .... 103 . 2d pref. debentures N. Y.Pa.40.,lst inc. ac. 5-79. & Oregon. io« an Mobile4 O.— 1st pref. deben 2d mortgage 97 4 S. Ant'o. 1st «9, La Grange Ex .6»,1910 llar'g Lake Erie 4 W'n— lnc.7s.'99 Sand'r Dlv..incl920 do Laf. B1.4 Mu'n.— Inc. 7. 1899 93 Nevada Central— 1st m. 69. N. Pac. bond cert. 69, 1921 N. Orrn9 Pac-lst6s,g.l950 8. 108 , Ist 6s, 1893 -110 98 ind's Bl. 4 W'n-Inc, 1919.. Ind's Dec. 4 Sp'd. 2d Inc Int.& Gt. Northern— 2d Inc Leh. 4 Wilkes B.Coal— I88S1 i 1st 6s, 1905 Kansas ....,:19 9»'A idof^ C.St.P.fc M's L. Gr.,ln.6s,'98 lOOH lChic.4 Kasfn Iil..lnc..l907. Sinking fund Registered, Ss iMH\U5 1C8« Cent. Iowa coup, debt certs. N.Y.4 NcwKng.— 1st 73,1905 Collateral Trust, 6b. 2d mortg., ext'n 5s. 1919. J108 107 3d mortgage. 7s. 18aS 4th mort. E.tt.. 5s. 1920... *108 athraortgage, 7s. ISaS.... 4113 1st 110 108 Chic.St .L.4N.O.-2d m. 1907 ICol.Chic.4Ind.C.,inc.7s,1890 State Aid bonds Land grant bonds Western Pacific bonds.. South Pac. of Cal.— 1st m. Union Pacific— Ist mort I.and grunts, 78 1121 ! I N.Y.C. 4Hud., 1st m.,cp. Istm., res do Huds. R.,7s,2dm.,8.f.,'83 Canada South., 1st, int. g. Harlem, 1st m., 78, coup. Ist m. ,7s, reg.... do S. Y. Elevated— ist, 7s. 1906 Cal. 122k 113" 10I« Osi 68. Alabama Cent'l Inc.6s,1918 Central of N. J.— 1908 8s, real estate 69, subscription San Joaquin Branch 117 . 1900, registered Jpring.V'y W.Works— iBt 88,1887 . 107>i 115 118 98 ; Oregon R. 4 Nav.— 1st, INCOME BONDS. 1st m., Springfield div Ohio Cent., 1st m.. 89. 1920 do Ist Ter'i Tr.,69,1920 Panama S. F. Sub'y Bs. 1910 'eoria Dec. 4 E'vilie, 1st Os Evansv. div.,lst 6s, 1920. Pacific RailroadsCentral Pacific— Gold bds. 119 b.. 69. West. Un. Tel.— 1900. coup. Consolidated 2d consolidated 12:J>4 2d mortgage. 18. 1901. ... Gu'f Col. 4 S. Fe-79,1909. lllan.4 St. Jos.—89. conv... 24 — 1890. Mobile 4 Ohio— New m., 6s. NasU. Ch.it. & St. L.-lst 78 N. 1'. Central—8s, 1883 Onio 4 Mi9s.— Consol. 111 119 Albany 4 Susqueh., 1st m. 2d mort 'do Ist con., guar do Rens.4 Saratoga, 1st, coup Ist. reg. do Denv.4R. Grande— Ist.lWlO 1st cons. 7s. 1910 do Den.S. P.&Pac.,lst7s,1905 Erie— Ist mort., extended.. 1st., Ill 115 1919 St.Chas.B'dge.lst. 79. 1908i 100« North Mis9ouri. Ist m.. 79i 123 Div.. 1st mort., Clarinda N.y.Pa.40..prlor lien 69.'95 N.Y.C.& N'n.Oen.M.,Rs,1910 125 1 Omaha 4-5-6S. 1910. H. 4 Cent. Mo., N.Wisc. Ist M., 6s., 1930 St. P.4 Sioux Cist 8s.l9Ifi *109 Chic.4E.lil..lstS.F.C'y,1907 1C9 Dei. iJick. 4 W.-7s, oonv.. *i;6 ;i2ts Mortgage "s, 1907 Syr. Bit sh. 4 N. Y., 1st, 76 122 133 Morris 4 Essex, tst IClul. 4 No.— Ist Hannibal 4 Naples, Ist St.L. K.C 4 N.K. E.4 R., 108 On. 1891. 2d mortgage, inc. 191 1 Ch.St.P.4 Min.,l8t 6S.1918 illl« 1st cons, 4 Sag 18 S8 101 48 17 97 50 31 'lIoU8.4Tex.C.-lst.m.l..7s Ist j C . I — — . 106 52^ 118 120 147 109« 102 42 lis 105 112 155 116 . . 1 .' . ' . I ChicRk. M or S3H {Stock Exchanffe Pj-icen.) Alabama Central.lst Os.1016 Bait. 4 O.— 1st 6s.Prk.t>.191ti Erie-lst 131X Long Dock bonds Buff. N.V.4E, Istm., 1916 Quicksilver 4 105 — 91« Mo.K.4T.-Gen.con.68.1920 iiOM Sinking fund Int. bonds Consol. bonds Consol. mortgage ; 27>t Mil. I Ii. 1 Con8.ass..l904-6 C. St.L.4 N. O.- "Ten. lien 78 Ist con. 7s C. St. P. Mlnn.4 O'aCons.es S8Ji! Sllve.- Bost. H. ' 09 t....[ 4 Northwestern- 4 Mil., lilt Winona 4 St. P., Istm. 2d m do C. C. C. 4 Ind's— lat, 78, B. 3« Mining 3« Oregon Railway 4 Nav. Co. !151 Pennsylvania Coal.. Pullman Palace Car I13i" Ontario Pt. Div., 5s, 1910.... .. I l8t7s.'97 4 Cin.— 1st mort. 6s. 1409 Jack. Lan. m 2 Imp Mining New Central 109 2d mort. .. do bonds. 1900 do 7s of 1871. do 02 iBt con.,g'd.. do il8« Del.4IIud.Canal— lstm.,'84 48 l8t mortgage, 1891. extended do Coup.. 7s. '94 do 01« Reg. 78. '94. do 129 78 S25 BU Baltimore Caribou Consol. Mining Central Arizona Mining Co., Central N. J.l.And f8l« 61 117 Boston Land Co Cameron Coal f'^limax 4 Pac. div.. 6a,lH10. 1st ext.7a \)Mi dlv.7s.ex mat.cp. tlOSJi 2d mortgage ext.. ex coup) 111 Equipment bonds, 78, 1888 54 113 Consol. conv., 78 ni>i Gt. 'W'estern. 1st m., ex cpl 111 112 do 2d m.,79,'93.ex cpl 0.4 Tol.. l9t, 7s,'90,ex cp t108 102 ni.ASo. Ia.,l8t m.7s,excp! ~ Ist St. Equipment bonds 10«^:iO7 1 T.4Wab., Metropolit'n Blev— Ist.lHOS Metropol. Elev.-2d 6s. 1899 Mich. Cent.-Cons., 7s, 1902 1st mort., 89, 1882, s. f .. 122 107><I109 ;....'10O .... Chic. Memphis 4 Charleston Canton lOlkl 1910. Wab. RR.— Continued. 1919 Ist mort.. ster) 7s, 1910... . Manhattan Beach Co American Marietta .. Extension bonds UOJ* 1st mortgage 124 J* Coupon gold bonds Registered gold bonds. .. 124H 106>v 108S« Sinking fund registered.. 1107 do Iowa Midland, Ist m.. 8s.. 127 130' Galena 4 Chicago, exten. 102 \M Peninffuia, Ist m.. conv . A Western do N.Y.4Man. B ch ... I 110 Pere Marq., pref. Ind Bloom. do Minn. div. 6s, m..H. 4D., 6s. Louisv.N.Alb.4Chlc— Ist 69 Manhafn B'eh Co.— 7s. 1909 123JS:121 . B1.4Mun.— 1st Laf. C— I 108 112 118 119 10« 93 . . ' , ^ And aocrued intereat. < So price to-dsy ; ttaea* are lutMt ottoUtloas BLtii».lLii wwk. i C— No Q uoUt ton todaj; . 110 51 112 71M 109X latast uile tbla week. . 1 APHIL . , . 1 , . THE CHRONICLE. 80, 1881.] NEW YORK LOCAL Bank COHPAKIBS. . C*PIT*L. Stock 4B5 SECURITIES. Insnrance Stock List. I,tat. [ P«ioa. DlTIDIUDl. Sorplni laoMtlont by K. B. BaiLir. Broker.l Fine Street.] at latest Mark'dlhDi('> & are not ^ Amount •'""••Mpenod Na'.'!. America' Am.KxchaDge Bower/ Broadwav 1879. 1880. 850,000 20il,100 I. A J. 25 1,000,000 1,263.900 I.* J. 181,7.X)I .1.* J. »00,000 2.^1 10 16 lOo' Bntckera'ftDr. Ceotral 10o!2,000,000 468,700 Cbaae 1001 liW.llOO Chatham 25 100 300,00(1 450.(100 6 7 3 6 I.*. I. M. & S. 7 .lao. 7 10 IB Hay, 6 6 100 8 7 10 and of date March May May. B 7 7 8 8 ••'I. •81, •81. .Ian., iixciianite Farragnt Firemen's Firemen's Tr an 130 98 July, '81. 96W Hanover Hoffman Home .... Hop3 I Howard 137 81. 4 4 81. 4 81. 3 145 75 Iraporters^4 T. Irving Jefferson Kings Co. (Bkn) •79. 2ii 103 12 130 Larayette(Bkn) Lamar.. .[.. •81. Tan., Jan., 81. 3 .Ian., •91. Tan,, •bl. Knickerbocker Lenox Mi 8« LongIsl.(Bknjt 5 Lorlliard Nov., 6 3 7 8 •80. 3 10 May, •81. 2H 7 Jan., •81. 4 ? 3 "i 107 Mech^lcs'CBkn) Jan., •81. 4 Jan., '81. 4 Keb., •81. 3)i Jan., SI. 3H, Jai., •81. 3 Jan., 81. 3h Jal., •81. 4 Jau., 81. 3>s Ua., 81. 3 Mercantile., Merchants'. 100' 101 N.Y.Kqultable 152m id New York Fire N. Y. 4 Boston New York City Niagara North lilver... luly, 74. 3), Feb., 81. 4 141 1:0 Pacific Park Peter Cooper.. People's Jai.. '81. 3 Jan. Uontauk (Bkn) Nassau (Bklyn National 6Ji Jan., 6 10 ' Manur.4 BuUd. Manhattan Mech.4Trad^rs Jan., •81. 3 8 7 Globe Guardian Hamilton 137 140 3« May, 79. 8 8 .. Franklln4Km( German-Amer. Germanla Greenwlch»... 3X Jnly, 80, a Tan.,; '81. 5 .Feb, Jan., Jan., Jan., ... ConttneataL, t Kagle KmplreClty.... Jan., 7 Jan., 81. 4 6« May, . •81. 5 8 Jan., 81. 4 Phenlx 6 7 7 7 Jan.. '81. S Belief. M.iy, •81. 3^ 10 81. Aii Jan., •81. 4 -May. 81. 5 1-4 Jan.. 81.10 Bepubllc t Kutgers' .Ian., Standard 1K« Star Sterling 80 Stay vesant Tradesmen's.,.. 11, 1881, for the atate banks. 12, 1881, for Columbia Commercial Feb., 81. 3 81. 8 •81. 3 Nov 80. 3 S 6 6 7 8 3 . Mir. May, ...1 City Clinton , Apr., •81. 4 14 . (late Cltltent'. 1778 J^n., 81. 4 Jan., 81. 3« Feb •81, 8 Jan., SI. 3X 8 h column are of Brooklyn an Jan., 81.10 Jan, '81. 3> T Sifures In this Uowery Broalway Mar. 81. 4 Jan. "81. 8 Mar. •81.15 30 7 7 5 „ •The American f Amerlccn Bzch 8M i^ , July 76. 3 Jan. •81. 8 . . Jan May, «1.1« 1 l| Pbios. 189 8 '81. •81. 'Ian. Jan., •81. Jan., '91. . A 3H •81. •81 3), iseji Jan., '81. 6 SN 7>4 160.400 J . * J . 300,000 3,:t« «0« Illm'ly 100 Chemical 6 Cltlzene' 26 600,000 181,700 J.& J City 100 1,000,000 1,831 ,00» M.&N, 10 8 Commerce 10(J 5.000,000 2,866,1001 r.* J. 23H,S00 r.4,J. ;o0ii.ooo,ooo OoBtlanDtal Corn Kxch'ge*. 100 1,000.(XI0 U03,700 F.AA 1?« 67.100 I.& J. SastKlver ... 25 230,(XX) 1.1.51)0 I.& J. 100.000 11th Ward'.... 25 47.61 Ki I. * J 150,000 Fifth 100 Fifth Avenue'. 100 100,000 837.S0OJ 500,0(i0 2.602,500 120 Flrat 100 6 Fourth 100 3,i!00,00tr 1 080,5.10 1.4.1. 7 Fnlton 30 »00,0(K) »«7 300 |M.*N. eallatln 50 1,000.000 815,ro., A.& O, Oermau Am.' 75 750,00(1 loi.sooi P.* A. 00.700 200.000 May. German Kxch.' 100 »'.500 M.JtN Germanla* 100 200,000 26 OOul M.SIS. Greenwich* . 25 200,000 10()|l,OtlO,000 2H5.800 1.4 J Hanover 7 Imp.A Traders' ioo;i,3oo,oo) 2.007 800 .J. 4 J 14 U3,'.i00 .1.4.1 Irvlngr 8 501 600,001 laland City' ... 50 100,000 5,!iOC J.* J Leather Manuf. 100 600,000 444 UOO .1.4 J. "s Manhattan* ... 502,050,000 :,04H 5.x>i F. 4 A 7 Marine 3 )'2S loo J. 4 J. 400,000 100 Market 500,000 306 600 .1.4 J. 100 Mechanics' 252,000,000 l,10S,Ooo J. 4 J. Mech. AsBoc'n 50 500,000 an.oou M.4N. 4 MechMcs 42.400 Tr. 26 200,000 Mercantile 17O.8O0 m'.4N. 10(1 1,000,0(XI Merchants'. .. 602,000,000 7-20,500 J. 4 J. Merchants* Kx. 50l 1,000,000 181.400 J. 4 J. Metropolis*. 70,700 J. 4 J. 100! 300.000 Metropolitan .. 10013,000,000 i,:8j.2oo! J. 4 J. Mount Morris* ...I 88,700 Murray iini*.. :oo| 100,000 76,300l J. 4 J. 12 Nassau* 5 81,6001 M.4N. 10011,000,000 New Vcr». .. 10012,000,000 75D.500 J. 4 J. 8 N. y. County.. lOOl 200,000 8 48.000 .1.4 J. g.Y. N. ixJh. 1001 300,000 88 300 F.4 A. Ninth 14U.6<l0l J.* J. 100] 750.000 No. America'.. 70 700,000 180.4001!.).4 J. North Klver* 8i.9i0 J. 4 J, "i SOI 249,000 Oriental* 180,800 1.4 J. 8 25j 300,000 Paclilc" 60! 422.700 231,700 Q-F. 10 Park ... 100:2,000,000 878.0001 1.4 J. 6 People's* ... •23; 121.300; 1.4 J. 7 412,500 Phenlx 221,500; J. 4 J. 3 20,1,000,000 Produce*. .. 1,400 50; 125,000 RepnWlo 5001 T20 F."4a! 100 1.500,000 St. Nicholas... 100, 500,(100 128.700 J. & J. Seventh Ward 56,200 •J 4 .1 300,000 Second 84,000 .J. 4 J. 300.000 Shoe is Leather 175,500 1.4 J. 600,000 S:xih 81,210 J. 4 J. .„, 200,01X1 State of N. r 1001 800,000 310,3 00 M.4,N. Third 100 l,C0f),OilO, 214.10'j J. 4. 1. Tradesmen's 40 1 ,000,000i 326 400 J. 4 J. tTnlon 50,1,300,0001 776.100 U.4N. United States, 100 260,000 300 west Side* IOC 200,00 124,000: 1 4 .1 I Bid. Ask. Last Paid. CoarAjiist J.* J. M.AN. KXjS.OOO.OOfl •.581.400 10()|0,000,000 l.HCl.S'W the National bank' United States.. Wpstchester. .. WUliamsb'g C Gas and City Railroad Stocks and Bonds. IGii (jnotallons Dy ueOTKe U. Prentiss, Broker, 17 Wall Street.! Over Gab Coupanikb. Par. Brooklyn Oas Light Co Citizens Qas do Harlem Jersey Ctty 25 2,000,000 20 1,200,000 Co (Bklvn) bonds l.COO Ifetropolltan V do CertlAcates Mutual. N. y do bonds Nassau, Brooklyn do scrip , Bondj Bonus r. 1,000,000 IjpOO 37.1,000 Var. Central 01 ftew Vork Willlamsourir do 315,000 A. 50 80 bonds Brooklyn 1,000 etropoll tan, 'iob byH. Bleecker St. S Fult. Ferry— St'k! 1st mortgage Broadway t Seventh Av.— Sfk Ist mortgage Brooklyn City— Stock 1st mortRaKe Broadway (Brooklynl— Stock Brooklyn 4 Hunter's Pt.— St'k Ist mortgage bonds Bnshwick Av. (B'klynl—Stock. Central Pk. N. 4 E. kIv.— Stock 1st mortgajie M 4N. 1 100 1,000 750,0001 M.4N. 5aj,oooi Extension 1,000 100 2(Kl,00) Ist Euurtga^e Third Avenue—Stock 1st mortKa;:e A. 4 0. J. 4 J. J. A J. Q-J. 4 D. F.4A J. 4 J. J . Q-F. *D. Q-JJ.4J. M.4N. A.40. J. .M.4N ft J. 1,199,503 150,000 J.4J, A.4U. l,0."iO,000 V(.4N. $tocla, Ask. « Including re-lnsarance, capital and scrip, t City Securities. iiH" Apr., •<illll3 Aug., 80 I8S)S Feb. Jan., Ap-., Fefc., 45 03 jlOO 7.5 80 145 175 ,1J5 :80 137 63 Feb.. 81 xlOO lias Apr., 65 67 I 1882 101 104 52 48 98 X)1W| 25 ?S« 2)iiDci;. 3>iiMay, 1 May, Jau., 19«7 1900 July, 101 70 104 .Jan.. 60 60 1000 8'1 101 63 Ot 101 .Tan. 65 61 Apr., 16J 103 160 110 188S 55 Broidway.] Jan., 'H 23)t' 26 J'lv,1900il05 110 Apl., 'Fl 125 130 July, '8) 10,3)< 106 May, '81 !«5 170 Nov., '8') 102 110 Apl„ '81 140 150 Apr., '^1, 95 100 1888 102K 103 Jan., 'all 115 100 '81 Apl., 108 112 l)ac.l802, 112 115 Feb , '81, 90 100 l><98 100 no 1 May, liabilities. all t Surplus includes scrip. Date. '81 165 Jan., SI loe May, '81 170 Apr., '93 no Sov.1901 103 so LQnotatlons by DAHist, A. Uobait, Broker, 27 Pine Street.] INTKEBST. KeiB rork: Water stock 18)1-63. Croton waierbt,ock..lS45-51. do do ..H5-i-60. Croton Aqued'ct stock. 1865. pipes and mains. do reservoir bonds I0 Central Paik bonds. .1S5S-57. ..18,53-65. do QO Dock bonds ISTO. do 1^75. 1365-68. Market stock 1869 )vement stock Im^t 1819. do CO var. Consolidated bonds Street imp. slock var. do do var. New consolldared Weitchester County . : — Consolidate 1 , Asses-meot 5 5 Feb., e 7 6 5 6 7 8 7 6 7 110 18C ItO July. '94 102^ 106 Jan., 81 9;iv 101 Apr. '85 100 102X (let., •80 104 106 8ent. •83 101 •81 Feb., 163 J 11 y •no' 1 10 Feb., •8r 180 •901108 lulv, 412 F»b , '81 145 150 1 May, 'rfSilOS 113 nnt the date of maturity of ioiiis do do do Mav 4 November. do do May 4 100 106 104 106 U2 January do ?" do do do do do 4 July, do Qua^'terly. May 4 November. Jaiiiary do do do Water loan bonds do do 4 1 New July, io do do do do do Itay 4 November, no do January * July, do do Kings Co. bonda do do Park bonds Brlites 123 ini 107 lOU 120 128 120 109 !16 me 116 128 108 118 123 108 105 lie r23 112 103 St,] ISSO-ISSS 102^ 108 118 :9i5-ls«4 137 140 1HOO-I«.'4 137 140 UI04-19!-? 137 140 1880-1902' 107 123 lS81-l,siKi Wi 118 1880- lw»ti 106 111 18.80-18831114 118 1984 127 ,124 1907-1910 121 125 l8o.3-18,tl 107 ao do City bonas 108 115 181 IS 115 1894-1897 127 1889 107 18<I0 115 1901 122 1SS« 107 1882 102 116 1896 1894 122 19W 109 1884 102 Novo'n?)er. do do do 7 I 5 1898 1893 1901 do do do P'lrkbonds Bat. [Qnotstloiu by C. Zabriskii, Jernty Cliv~ Watei loan , long e 1M»-71. 7 I8«g-<1. 7 7 Improvement bonds Bersen bondi 18!M-1«()0 (*o May 4 November. ?*• Srootii/n— Local Im ir'em't City bonds All Brooklyn bonds 1880 1890 1883-1890 1884-1911 Bid. AsSE Feb. .May, Aug.4 Nov. 1907-1911 lis [Qncutlons by N. T. Bisbs, Jr., Broker, do due. May Aug. 4 Nov, do do do 6 Waier loan 115 Bonds Mouths Payable. Brtdgebonds.... June, '93 114 A pi., SI 175 40 200,000 M.4 8. 100 750,000 V1.4N. 1,000 500,000 J.* J. 100 2,000,000 Q-F. 1,000 > ,000,000 J. 4.1. 100 600,000 F.ftA. 1.000 280,000 M.4N. Twenty-third Street- Stock. lat mortgage. » Tuia column shows last divldena on .'. J. J.4D. Q-F. M.4N. Q-J. 250,000 600,000 J. 5004 c Avenue— Stock 4 900,OOOi;J 145 694,000 J. 4 J. 100 2,100,000 Q-J. 1,000 1.000 Consol. convertible 4N. L. Geast, Broker, 600 100 Second Avenue— Stock 8d mortgage 8. 1,000,000 Quar, 1,000/X)0 A.k 0. . lat mortgago HouRt.West St.i Pav.F'y— Sfk 4 125,000 Var. 486,000 F.X A. 1,000 1.500,000 10 2,000,000 1,000 300,000 100 200,000 100 400,000 1,000 300,000 100 500,000 100 1,800,000 Consi)lid;itei] ranrt. bonds 1,000 i,'ioo,ooo Christopher* Tenth St.— Stock 100 650,0(10 Bonds 1,000 230,000 Dry Dock E.B.& Batt'ry- Stock 100 1,200,000 lat mortKaffe, consolidated o004c 900,000 Eighth Avenue— Stuck 100 1,000,000 iBl mortcage 1,000 203,000 42d St. i Orund St. Ferry— St'k 100 748,000 IstmurtKu^o 1,000 2S«,000 Central Cross Town— Stock .... 100 600.000 Sixth .Vf . 100 1,000,000 M. 100 3.000,000 MunlrlpiU do bonds Fulton Municipal ignotatlons 40. 100 5,000,000 Quar. 1,000 1,000,000 F.& A. 28 1,000,000 Var Va . 700,000 M.4N. 100 4,000,000 M.AN. 10 ,000,000 I. 4 J. , PHnpie'K (Brooklyn) If Var. Var. 50 1,850.000 F.4A. 20 750,000 J. 4 J. 80 4,000,000 J. 4 J. 100 8,500,000 11.4 S. 4 Uoboken Manhattan New York Amount, Period. 47 Montgomery January January 4 4 St.. Jnly. Juiy. J.4 J.and J 4 D. January and July. Jersey City.] 1(6 I8»5 188»-10O2 .11 18UI-M '08 1900 07 107 112 110 108 : . . .. — : ; THE CHRONK^LE. 466 *' [Vou xixn. The company has now 821 miles of its road laid with steel being an increase of 204 miles in the past year and the following new equipment has been added 58 locomotives, 3 sleeping cars, 16 first-class coaches, 13 baggage, postal, mail and expre.s3 cars, 3,000 box freight cars, 30 cabooses, 550 stock cars, 700 flat and coal cars, 1 steam excavator. "The entire cost of the company's property, including rolling stock, depot grounds, cattle yards, elevators, warehouses, docks, &c., is represented by JuxjjcstnxiCttts rails, ; : STATE, CITlt AND CORPORATION FINANCES. The IifTBSTORS' SupPLBMBST contains a complete exhibit of the Funded Dtbl of Stales and Cities and of th'. Stocks and Bonds of Railroads and other Gjmpanies. It t« pablishei on the last Common — Saturday of every other month viz., February, April, Jane, August, October and December, and is furnished without extra charge to all regular subscribers of the Cheoniclb. Single copies are sold at $2 per copy. $15,404,261 stock 12,404,483 Preferred stock Mortgage bonds, including $3,000,000 of pre-existing mort70,172,000 gage debt on purchased roads $97,980,744 Making a tot.il of on 3,775 miles of road, being at the rate sf $25,955 per mile." Statistics for four years, compiled in the usual Chbohicij!, are as follows ANNUAL REPORTS. form for the BOAD AND EQUIFMENT. Milwaukee & St. Paul. year ending December 31, 1880.) Chieagro {For the Miles Miles The report of the President, Mr. Alexander Mitchell, shows that the gross earnings in 1880 were $13,086,118, an increase of $3,073,298 over 1879. The eperating expenses increased $2,268,630 and net earnings $804,668. The average price per ton per mile received for freights for a series of years past has been as follows 1872, 2 43-100 cents; 1873, 2 50-100 cents; 1874, 2 38-100 cents ; 1875, 2 10-100 cents ; 1876, 2 4-100 cents ; 1877, 2 8-100 cents 1878, 1 80-100 cents ; 1879. 1 73-100 cents ; 1880, 1 76 1100 cents. " In our last report it was stated that the comoany owned Jind operated 2,231 miles of railway, of which 199 miles were embraced temporarily in other organizations. Of these 199 miles, 120 have since been transferred to this company, consisting of the Viroqua Railway (32 miles), the Madison & Portage Railroad (39 miles), both in Wisconsin, and the Dubuque Southwestern Railroad, extending from Farley to Cedar Rapids, in Iowa (49 miles). The Minnesota Midland (59 miles) and the Oshkosh & Mississippi (20 miles) are still held and operated by the company on contracts of lease ; but the securities of both are almost wholly owned by this company. The following roads have been purchased during the year : ; I's'd 1879. 2,231 260 128 1,412 1,772 2,359 214 177 226 192 299 231 425 319 3,956 4,316 819 914 5,931 1,372 10,530 2,810 & contrel'd Total oi>erated . . I.«comotlves Pass., mail & exp. cars Freiirht cars Coal and other ears . 1880. 3,775 1878. 1,512 1877. 1.412 owned 3,775 OPERATIONS AXD FISCAL BESULTS. — Operationt 2,127,501 1,555,446 1,139,621 1,412,603 carried... Passengers • 55,925,449 65,498,189 78,119,592 111,561.919 Passenger mileage 2-84 cts. 3-21 cts. 2-93 cts. 3-09 cts. Rate per pass. p. mile 3,260,.553 2,,559,734 1,955,699 1,687,057 Freigtit (toii8) moved Freight (tons) mil'ge.271,.598,133 321,818,902 401.595,734 504,876,154 1-70 eta 1-80 cts. 2-08 cts. 172 cts. Av. rate p. ton p. mile $ Harriings— 3,159,051 2,011,496 2,273,701 1,780.169 Passenger 8,884,227 6,850,755 5,7.50.497 5,627.906 Freight 1,042,841 888,363 689,774 70d,819 Mail, express, &o* Total gross cam'gs. 8,114,891 Oaerating expenses— $ 808,090 Maint. of way, &c.... 677,288 Maint. of equipment. Transporfn expen'st 2,277,109 Extraorduiary 10,012,819 13,086,119 ^ ._ 784,400 438,244 845,883 748.143 2,581,029 306.614 45,906 264,738 329,965 46„522 330,856 . „.„^„„« 1,549,279 1,086,899 4,073,7a6 375,028 45.914 611,549 4,540,433 3,574,461 4,792.313 3,659,454 5600 5670 5,473.794 4,539,025 54-70 7,742,425 5,343,694 59-20 38,.593 Miscellaneous $ 1,037,643 301,109 Taxes 8,451,767 2,944,408 ililei. Hadtings & Dakota extension, from Glencoe to Ortonville Soutliem Minnesota Railway Cliicago Clinton Dubuque & Minnesota Railroad Wisconsin Valley Railroad Mineral Point Railroad ..: Pine River Valley & Stevens Point Railroad Chicago ,fe Pacific Railway ;8iouxCity & Dakota Railroad 128 347 324 109 51 16 89 131 . Making of lines purchased a total of " The following addition to the 'been constructed during the year. mus. Division ... Albany Beloit & Dakota Dirlsion, from 3 26 7 11 78 22 28 Minneapolis to Benton, on the Hastings & Dakota Division. westerly threugh Mitchell, Iowa & Dakota Division . . 80 Valley, on the Iowa & Dakota Division, to Eden, on the Sioux City & Dakota Division 10 St. Paul to Minneapolis 8 Flandreau, in Dakota, on the Southern Minnesota Division, west to Madison 28 Abrauch from Ej^an, on said division, to DbU B;ipids 13 An extension of the Dubuque Division, from Midland Junction to Clinton 7 From Rock From From Making in all, constructed 349 " The roads purchased and constructed give an increase of 1,544 miles, and make the company now the owner of 3,775 miles of completed road." » * * " The purchase of the Chicago & PaciBe Railway gave the company a line directly west from the city of Chicago to Rock River, which required only the construction of 26 miles to connect with the Southwestern Division of this company near Lanark. That connection has been made, and the company now owns a direct route from Chicago to the Mississippi River at Savpnna, and thence westerly to Marion and Ced.ar Rapids. The distance from Marion to the Missouri River at Council Bluffs is about 265 miles, and with the construction of a line between these points the company would have as direct and short a line from Chicago to Council Bluffs as any other company." * * * " la connection with the purchase of the Southern Minnesota and Southei'n Minnesota Railway Extension companies, this company became the beneficial owner of 315,000 acres of excellent land near the lines of those companies. The company has also received from the Government; on account of the extension of the line from Algona to Sheldon, in Iowa, 120,000 acres, and by a .settlement with the McGregor & Missouri River Railroad Company. 130,000 acres. It has also claims on the Government, which it hopes will be recognized, for 170,000 acres in addition. A land department has been organized and is now disposing of these lands, which have much to commend them to iaettlera, and are in good demand*" * * . 1. Miscellaneous Div8. on pref stock Divs. on com. stock west 1880. 1877. 1878. 1879. 1,433,645 3,574,461 2,359,306 3,659,454 13,430 2,520,074 4,539,024 74,517 3,531,538 5,343,694 324,298 6,032,190 7,133,615 9,199,530 $ $ Balance January Net earnings Other receipts Total Income Disbursements— Interest on debt dirootion From Bridgewator ntCOMX ACCOUNT. 25 Ortonville A branch from Milbank Junction, on said division, in a northwesterly Prom .. Receipts— it. the Hastings Including elevators, stock-yards, &c. ^ ^ iiyurics and damages to t Including elevators, stock-yards, personal property, legal, insurance, rent of cars, &e. * company have Facitlo Division, from Byron to An extension of tue Chicago Lanark Junction An extension of the La Crosse & Davenport Division, from Fayette to a point on the Iowa & Dakota Division near Fort Atkinson An extension from Brodhead, on tbePrairle du CUen Division, to An extension of P.c. of op.ex. to ear'g« 1,1D5 lines of the A branch to LibertyvUle from the Chicago & Milwaukee From Janesvllle to Total operating, exp. Net earnings . Sinkingfuud Balance, surplus Total 5,008,106 2,135,730 32,040 1,289,346 53,000 2,359,306 '55,006 2,520,071 5,008,106 6,032,190 S % fR 9 2, 162,159 4,034 429,607 2,287,407 2,837,385 859..564 385,106 70,000 3,531,538 859,561 11,078,298 81,000 4,343,283 7,133,615 9,199,530 of these dividends on preferred stock was stated as payable out of the earnings of the previous year as follows: In 1877, $429,607 In 1878. S859.564: in 1879. $429.781 ; and in 1880, $429,781. 1879. t $968,931 paid out of earnings of * A portion GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAK. Assets 1878. 1877. — $ $ Railroad.equipm't,&c 56,886,833 59,001,257 1,515,750 » 2,469,096 Stocks owned, cost... 3.33,171) Bonds owned, cost ... 185,610 161,653 Bills&acc'tsrec'vable 133,127 199,186 Materials, fuel, &c... 976,160 1,181,017 Cash on hand Daven. & N'west RR Miscellaneous items.. Total Liabililies — Stock, common Stock, preferred 1880. 1879. " 63.399,448 7,133,028 483,604 3Sr),971 801,694 "P 99,185,683 '2,163,567 733,992 564,715 382,951 1,7.^)0,000 232,736 264,565 318,660 60,562,205 63,083,910 74,066,074 103,313,644 15,404.261 12.279,483 32,088,500 305,877 2,520,074 484,715 15,404,261 15.404,261 12,279,483 12,401,483 41,349,500 167,172,000 789.927 2,067,165 4,343,283 3,531,538 1,048,541 711,365 873,911 63,083,910 74,066,074 103,313,644 $ 1 5,404,261 12,279,483 Bonds(sce SuprLEM'T) 29,954,500 200,099 Allothcrdues&acc'ts 2,359,306 Income account 364,556 Unpaid pay-rolls, &o. Advances Total UabiUties... 00,502,205 ll-.!,3-29 in this item from 1879 is cansed by the merging into the C. M. & St. P. system of several roads whose bonds and stocks were held, and which ioarts are now included under " construction." The items in 1880 were as follows: Stock and lionds of Dubucjue Southwestei-n RR., $218,033; bonds, stocks, Ac. of Minn. Midland. .$307,751; Madison & Portage RR. bonds. $381,271 Oshkosh & Mississippi River * The large decrease ; RR. bonds, $205,000; Sioux City & Dak eta stock and bonds. $508,871; Dakota So. stock and bonds, $81,390; McGregor & Mo. R., $-150,550; Clear Lake Park lionds. $3,000 City of Hastings bonds. $7,700. f^onsol. t This item was increased bv the issue of the following bonds niort, $1,700,000; Iowa & Dakota extension, $7'J6,000; La Crosse* ; : Davenport, $715,000; Chicago & Pacillc, $3,000,000; Hastings & Dak. Div.. $4,060,000; Southern Minnesota, $6,800,000; Mineral Point, $1,-200,000; Dubuque Div, $6,022,000; Iowa & Dakota Div.. $5,000; Wisconsin Valley, $1,700,000; land grant incomes, $373,000; total increase, $26,301,000. Bonds already issued were decreased to th* extent of $478,000, making the net increase $25,822,500. : Afbil St. THE CHRONICLE. 1881.1 80.. ' . Loals Alton & Terre Hante (For the year ending Railroad. PassengerR carried Dec. 81, 1880.) MAIN LUTE * ALTON BRANCH. The receipts of the Indianapolis & St. Lonis Railroad Company, leasee, from this portion of the property, were as follows: From— 1879- $915,240 2711,it41 312.U()4 19.835 26.986 77,892 116.6.->0 $1,040,023 $1,417,663 Express Mall Ml8eeil)mcouB Total IS-SO. $643,367 Frclelit Pas8ei.>!era.: 4(>r 22,.'S2:i 20,341 Tons freight curried Avoiage receipts per passenger Average receipts per ton 1880. 1,185,080 1,026,035 1879. 1,102,701 1,407,458 Inereate., 68^i<l. 65 •4d. 100 >sd. 3>«l. 5>id. 11 5d. Great Western of Canada. (For the half-year ending January 31, H2.3B8 22 1. .',07 1881.) charges to capital account amount, less credits, to £7,775. Terminable bonds amounting to £67,400, bearing per cent and £8,500 6 per cent interwhich £58,900 of 7 Five per cent perpetual debenture est, have been redeemed. stock, amounting to £61,500, has been issued during the half- For the half-year the total year. The revenue account is as follows: " Showing increased earnings in 1880 over 1879 of 1377,639. 1880-81. 1879-80. Inereate. inerea.se of an $243,702 $980,723— 1880 were expenses in The £461,140 Gross eaminga 4513,042 £91,90-.i of 1880 absorbed eipense.s 1879. The expenditares of the Expenses 315,536 283,740 over 3130a 69'17 per cent of the eaminsrs, as compared with 709 per cent £177,400 Neteamings «197,506 £20,106 in the preceding year. Of the annaal minimum rental of Interest, Iom on leased lines, &c... 08,734 98,190 544 f450,000 due this company, the lessee company paid $422,283 £98.772 £79,210 Balance £10,562 under the order of Court requiring the payment of 30 per 9,240 9,240 cent of the gross earnings, leaving a rental balance of $27,716 Det. Q. H. & Mil. dividend Expenses include transfers to reserve funds, and were 61'51 due for 1880. The total balance due from the lessee company, December 31, 1880, on rental account, amounted to $490,204. per cent of net earnings, against 61*25 per cent last year. The statement of revenue for the entire year is as follows: This portion of your road has been indifferently maintained 1879. 18S0. Inrreate. during the year. Indeed the superficial improvements and £826.!)11 Gross earnings £950,476 £123..5tJ5 renewals made by the lessee company, for the past ten 560,710 616,763 56,055 Expenses years, to the leased plant have resulted in a general impairment of the property." * * •• The pending suit against the £266,201 £67,510 £333.711 Neteamings 197,162 4,717 201,879 lessee company and the guarantors, to enforce the provisions Interest, &c : of the lease, is * progressing satisfactorily." * Balance "The Belleville Branch (or Belleville Divisiot.) own.Dd by the the Belleville & Southern Illinois Railroad (or Du ; Eldorado Railroad (or Quoin Division), and the Belleville Eldorado Division), leased lines, form what is commonly known as the 'Cairo Short Line.' The gross earnings of this line for 1880, compared with those of 1S79, are as follows company & PasseuKers Coal MiscellaneouK frelgbt Mall Express lUscellaneoas Total Expenses Neteamings 1880. $116,847 204,126 222,043 8,541 5.243 8,797 $150,313 248,233 299,999 10,923 8,420 11,188 $565,602 289,751 $729,078 352,230 $163,476 62,478 $275,850 $376,847 $100,997 Increase $33.4el6 44,107 77,936 2,378 3,177 2,390 Of this total increase of $163,476, the sum of $30,276 was earned from July 1 to December 31 on the Eldorado Division (Belleville & Eldorado Railroad) leaving an increase of earnings on the Belleville and Du Quoin divisions, of 133,200 as compared with the preceding year. This handsome result has been attained partly by the lease of the Bellville & Eldorado Railroad, and partly by the increased improvements of rates on the transportation of coal and general traffic between St. Louis and Belleville." ACCOUNT FOR 1880. Interest on funded debt $474,000 Main Main line expenses line le^al expenses e<iiiipnient 9, .583 , Trausi'ortation expenses, Cairo Short Line Bental B. &S. I. RR Reutnl B. i E. RR Balance 2,6ol 43,950 352,230 147,344 9,082 *735,286 $1,774,130 Credil. Balance from 1879 Uinininin rental main line EaniinRB Cairo Short Line Net amount received from special committee, collected from purchasing committee Interest land sold $158,179 450.000 729,078 432,327 4,095 450 $1,774,130 'The credit balance of the income account Is not an actual cash balance, but is composed principally of claims for rent against the lessees that are now being litigated, and of the nominal par of eciuipment mortgage bonds, received in part settlement of the suit against the purchasing committee. Grand Trnnk of Canada. (For the half-year ending Bee. Net earnings „ Total Per cent of expenses The tra^c reported £62,793 £69,039 £81,286 18,493 Charlotte Colnmbia & Angnsta. (For the year ending Sept. 30, 1881.) The earnings of the year were as follows : $152,623 359.366 29,126 1878-79. $132,521 298.473 47,490 $541,116 356,549 $478,491 245,822 $184,566 $232,669 1879-80. Passage '. Total Expenses Net earnings The income and profit and loss accounts were as follows : $184,566 191,033 Net earnings, as above mtereston aU debt $6,456 Deficit for the year 632 Judgment paid Carolina Central Co $7,089 Total... Profit and loss Sept. 30, 1879 Collected on old accounts $105,121 1,360 106,482 $99,392 Balance, Sept. 30, 1880 Little Rock & Fort Smith. (For the year ending December 31, 1880.) The annual report gives the number of miles of railroad in Little Rock to Fort Smith, 165 miles; operation as follows branch from Russellville to Ouita, 2 miles; branch. Ward's Junction, 1 mile; total, 168 miles. Gross earnings, $510,287; operating expenses, $257,828; net earnings, $252,459. EARNINGS AND EXPENSES FOR FOUR YEARS. 1877. $82,709 Passengers Freight Express 172,3.'>3 3,493 3,665 10,160 3,718 Telcgi-aph United States Mall Miscellaneous Operating expenses . $276,101 161,921 £265,395 £109,118 13.032 10,121 11,830 1,196 10,121 -£397.666 £277,231 67-67 72-87 for the year was as folio ats: £120,«35 4,631 10,347 1,888 $2flR54 17f,8i;6 1880. $1'70.742 $111,052 227,844 7,125 307.522 12,309 6,165 9,879 3,667 5.:i01 9,959 9,404 $510,287 257,82? $370,686 189,122 $2J2,4.-i9 its opera- : Number 73,590 $3 92 1,394 of acres sold Average price per acre Number of sales made Average number of acres 63 to each sale $288,406 Aggregate of sales cents. 82 selling Average expense per acre of $12,294 Amt. of taxes paid on the land (taxes for 1879 paid in 1880). $368,690 Amount of land notes in hands trustees $122,000 Amount of interest due on the notes at maturity . Acres remaining unsold £374.513 1879. 1878. $101,129 167,083 4,274 $117,548 $181,563 $114,179 Neteamings The land department shows the following results of tions for the year ending December 31, 1880 Total number of acres sold to ber canceled 31, 1880.) This company's report for the half-year ending December 31, 1880, covers 1,273 miles worked, against 1,299 in 1879. Charges to capital account during the year were JE283,423, of which £266,949 for pre-preferential securities redeemed with proceeds of debenture stock, £50,707 for new work, £19,200 for new equipment and £6,502 for land and land damages. The earnings, &c., for the half-year were: 1880. 1879. Tnereate. „ Gross earnings £1,158,407 £978.202 £180,205 Expenses 783,804 712,807 71,087 interest on Int. Bridge Interest on Chic. & G. Trunk b'ds. £150,325 £69,039 : Debit. New Balance for dividend Mails, etc 1879. •' I>'C01(B 18,493 Freight CROSS EARNTNQS. From— £131,832 & Mil. Div Detroit G. H. CAIRO SHOBT LINE DIVISION. December 31, 1880, less num-. 280,84 8 848,604 Mr. J. H. Converse, the President, remarks in his report: "At no time in the history of your road has there been so much inquiry for land on its line as at the present, and every indica- _ tion warrants the belief that the sales of land will continue to increase each year over the preceding until the lands shall be nearly disposed of." * * * •' Since the reorganization of this company, in December, 1875, the work of filling and replacing all temporary structures has been carried on, until it is now about completed. This will result in a material reduotion in cost of maintaining the road. There has been addtd every year new equipment and rolling stock." * * » '• The Little Rock Mississippi & Texas Railway, which is nowcompleted to Little Rock, affords us another line of communication with the Mississippi River, and shortens the distance from our road to New Orleans by nearly three hundred miles." : THE 468 (JH OENERAI. INVESTMENT NEWS. RON I : CLE. [Vol. XXXn. taxed as real estate. The committee afterward submitted a communication, which contained the following : Brooklrn Elevated Railroad. —Work has been resumed on the Brooklyn Elevated Railroad, several men being employed in laying foundation stones in Washington Street, between Water and Main streets. Nearly all of the foundations between Fulton Ferry and East New York are laid, and one-third of the iron structure is up. The Receivers of the road now claim that the time for completing the road will not expire until 1884, instead of May 26, 1881, a-s heretofore supposed. This is due to legislative enactments extending the time for completing railroads outside of this city.— iV. Y. Tribune. Central of New Jersey.— Messrs. Jay Gould, Frederick C. Lathrop and T. B. Frelinghuysen, Potts, G. G. Haven, F. B. 26, and discussed the subject of connecting the New Jersey Central and Wabash St. Louis & Pacific railways. A committee was appointed to close the negotiations for this Western combination. The connection with the Wabash system will probably be made at a point near Youngstown, Ohio, and will require the building of a link of 70 miles of new road. met April Indiann Bloomington & Western—The governing committee of the Stock Exchange have admitted the following securities to the list New stock to the amount of $8,500,000. The company's official statement savs An agreement has been entered into and formally ratified by the stockholders of both companies, in conformity with the statutes, for the consolidation of the stocks, property and franchises of the Indiana Bloomington & Western Railway Company with those of the " To the Mayor, Controller atid Corporation Counsel of the City of York Sew "The Manhattan Railway Company, representing and operating all the elevated railroads in the City of New York, begs leave to submit to you the following facts in regard to its financial condition, fer the purpose of securing your earnest co-operation in the measure herein proposed of relief from taxes. The belief seems to have obtained circulation that the operating of the elevated roads is a source of great profit to the company now managing them, and that therefore the imposing of large taxes is only a fair shire of city burdens to be placed upon them. Such is, unfortunately, not true. The official report for the year ending September 30, 1880, made to the State Engineer, shows that the roads were operated that year at a loss of about $500,000 to the Manhattan Company. This did not include the taxes on structure and capital, which were fixed by the city at about $650,000. "For the current year it is estimated, if the earnings continue to increase in the same ratio as during the past six months, the fioss receipts will be .ibout he operating expenses it is believed will be, 05 per cent $5,200,000 3,380,000 Ohio Indiana & Pacific Railway Company, forming one company under the name of the "Indiana Bloomington & Western Railway Company," with an authorized capital stock of f 10,000,000. The company has issued, in trust, $8,500,000 for the following purposes Leaving applicable to taxes, Interest on bonds, &c $1,820,000 " The mortgage bonds now issued and outstanding on all the roads amount to $21,318,000 the annual interest on which is $1,364,080, say $3,737 per day. Quite an amount of additional bonds will have to be issued soon to pay for needed terminal facilities and additional new equipment, which will considerably increase this interest charge. "The company's taxes for the current year, levied on the basis of last year, will be about $750,000, or over $2,000 per day. Oar profit and loss account for the year will then stand as follows For exchange for old stock Tor excliange for Income bonds $5,000,000 3,000,030 500,000 Gross earnings Operating expenses $8,500,000 Taxes.. : : : Other purposes ot tlio company — : < Total The new consolidated company is the absolute owner of, and Las in full operation, a line of railway from Indianapolis, Ind., to Pekin, 111., 202 miles, being the line of the old Indiana Bloom- $5,200,000 $3,380,000 1 ,364,080 Interest cm bonds < l Amount of levy $750,000 Less included In operating expenses .'. 100,000- 650,000— 5,39-1,050 $194,080 Deficit to say, if the company is obliged to pay the full this year's taxes it will be unable to pay even the There will interest on the present mortgage debt of the roads. be a deficiency as above shown of nearly $530 per day, or about "That is The consolidated com- amount of ington & Western Railway Company. pany has also leased, and will operate, the following : Miles. Cincinnati Sandusky & Cleveland Railroad— Line of road, Sandusky, Ohio, to Dayton, Ohio Branch line, Carey, Ohio, to Fiudlay, Ohio Total IcDKth Deduct Spriujrtield, Ohio, to Dayton, Ohio (leased to Cincinnati Spriugticid Railway Company) Colnmbng Springfield & Cincinnati Columbus, Ohio & 154 16 170 24 116 Railroad, Springfield. Ohio, to 44 190 The consolidated company has also in course of construction (being the line of the late Ohio Indiana & Pacific Company) 135 miles. The new consolidated company has assumed the funded debt of the old Indiana Bloomington & Western Railway Company, amounting to $7,500,000. The new consolidated company stock. The holder of each share is now ready to i8.sue its of the old company's stock will be entitled to receive, on the surrender of his certificate, two shares of $100 each of the stock of the new company. By virtue of an arrangement effected with the stockholders of the late Ohio Indiana & Pacific Railway Company, this company offers, up to and including June 30, 1881, to the holders of the old income bonds, the option to convert their bonds into the stock of the new company at the same rate, that is to say, two shares of $100 each of stock will be given for each $100 of income bonds. On and after July 1, 1881, for a limited time, the income bonds which shall not have been converted into stock will be convertible into new consolidated mortgage income bonds, dollar for dollar. —Dispatches from Indianapolis say that the lease of the Cincinnati Sandusky & Cleveland to the new Indiana Blooming- & $200,000 for the year. "In addition to the heavy burden above recited, there still remain the taxes for 1879 and 1880 unpaid and in arrears, amounting to the large sum of $960,000, for which, under the recent decision of the Court of Appeals, this company is liable. To insist on the payment of this amount of arrears of taxes would be sim"Durply to force the company into bankruptcy." ing the third year, 1880-'81, we find that these hopes [of increased profits] are not realized; for while the gross receipts are satisfactorily large and quite equal to expectations, the expenses have increased in even greater proportion, leaving the net income much less than the year before, and that, too, on an added mileage and capital. This unlooked-for increase in expanses is ascertained to have been caused by: (1) A rise in the price of coal. In 1879 it cost us $2 50 per ton; a year ago we paid $3 30; now it costs $4 30 per ton, and for the balance of the year we are asked $4 60. We consume very nearly 400 tons per day. The wages of all classes of our employees have been in(2) creased an average of fully 15 per cent (or more than $20,000 per month) over last year. The men are even now clamoring for a still further advance. (3) The cost of oil and iron and most all other articles consumed on the road is greater. (4) The repairs to structures and rolling stock are very much in excess of anything that anybody every expected. For the first two years, when everything was new, the repairs of course were * slight; now we feel the full eflfect of wear and tear." * * * " We ask you, therefore, if you will not co-operate with us in getting an act passed by the Legislature, at its present session, relieving this company from all other form of taxation, and substituting a tax of, say 5 per cent on the net earnings, or an equivalent tax on the gross earnings of, say 2 per cent. We further pray that we be relieved from paying any part of the arrearages of taxes for 1879 and 1880. Respectfully submitted, "Robert M. Gallaway, President. "New York, April 25, 1881." ***** Western was ratified Thursday by the stockholders of the company, about 85 per cent of the entire stock having voted in its favor; the stockholders of Cincinnati Sandusky & Cleveland had previously ratified it, and the I. B. & W. will take possession on Monclay; also that the I. B. & W. has made The figures given by the President of the Manhattan Coma running arrangement with the Ohio Southern which, with pany in liis letter to the Mayor, Controller and Corporation the Cincinnati Sandusky & Cleveland, gives the Indiana Bloom- Counsel were from the report made to the State Engineer for ington & Western a large coal and iron traffic North and West. the year ending September 30, 1880. From trustworthy sources Louisiana.— Attorney-General Ward of New York has author- the following figures have been obtained, showing the operaized an action to be begun on behalf of New York State against tions of the elevated roads up to a period four months later the State of Louisiana, upon overdue coupons of the State TOTAL N^T E.U!NINaS FOB TWELVE MONTHS EKDING FEH. 1, 1881. of Louisiana, under chapter 298 of the laws of 1880, to protect Ninth Sixth Third Second Avenue. Avenue. 1880. Avenue. Avenue. the rights of citizens ©f this State, which authorizes the State $3,552 $57,063 $ $93,238 to sue on claims assigned to it by citizens of the State. This is February 4,444 65,363 March 6,009 79,139 the first action instituted under the law, and involves a number April 5,308 63,215 88,740 9,382 ton latter of important legal questions. Manhattan May — Metropolitan — New — York Elevated. Mr. the Manhattan Company, Robert M. Gallaway, President of with some of th« directors interested in the elevated railroads, recently called upon the Mayor, Controller and Corporation Counsel, and asked to be relieved in part from the taxation imposed upon the railroads which they represented. This action was caused by the decision of the Court of Appeals that the entire structure of each of the elevated railroa(te could be June July August September October November December January, 1881... Total Grand 11,333 10,443 9,202 10,290 17,450 10,793 14,922 15.693 15,195 8>^,895 $136,774 $961,748 total of alUiues 74,728 04,911 62,388 80,313 86,309 76,641 82,235 84,131 71,552 56,923 39,257 38,282 36,tJ08 61.320 58.980 67,630 51,420 $695,240 8,465 10,159 10,624 10,063 9.791 7,259 5,710 5,206 10.491 $91,072 $1,»84,b31 : eni'iiin^a fi>r the tvrelro moutUg of Socood and Six til A vcimc Hues lutcrcBt iicoomit, « per Cfiitoii ^la.SOO.OOO boada. .$708,000 Total not $832,011 317,420— TaxosonBtiucluioiuidpoisoiialty for 1880 Deflclcncy ef Second and Sixth Avcuuc Hues to pay Interest and taxes Total net earnings for the twelve moutUa of Third and Ninth 03.'5,4:;o $153,412 $1,052,820 lines $595,000 Interest, 7 ver ec:jt on $8,500,000 bonds '251,184 Taxes Surplus of Third and Ninth Avenue lines over Interest - 840,184 and $200,630 taxes Not counting 5 per cent on net earnings. Missouri KniisasA Texas— Missouri Paciflc— Interiintlonal & Great Nortlierii— Te.tas & Pacific— New Orleans Pacific. As to the grand con.solidation of these roadn, it is now reported that, on the 7th of May, the International & Great Northern road will be practically consolidated with the Missouri Kansas& Texas, and on the 18th of May this consolidated company will pass under control of (he Missouri Pacific, leaving the final consolidation to be made between Missouri Pacific, Texas Pacific — and New Orleans Paciflc. The owners of a majority of International & Great Northern their stock to the International Itailway Improvement Company, and take in payment for each share of International & Great Northern two shares of Missouri Kansas Texas Railroad Company stock. The consolidation between Te.\a3 & Paciflc and St. Louis & Iron Mountain is reported to be in progress. The agreement of consolidation on the part of a majority of the stockholders in both companies, which will be submitted at a meeting of the directors of both roads, is said to be that the Texas & Paciflc directors shall issue consolidated stock to the holders of the Railroad stock sell & Iron Mountain stock, and in consideration of absorbing the latter road will give a concession of about five per cent. Panama Railroad.— Negotiations have been pending for some time for the sale of this railroad to the De Lesseps InterOcean Canal Company. But it is stated that no agreement has been reached. An officer of the railroad company stated that several conferences had been held between Trenor W. Park and representatives of De Lesseps, W. Seligmau & Co., recently. by the directo^.^ in the office of J. Any agreement would have & to of the railroad, whose meeting would not take place before May 12. It was also added that transfer a majority of the stock at a Mr. Park had offered to be confirmed certain price, providing other holders should be allowed the same terms. — Pennsylvania Railroad. The gross and net earnings in March and for the first quarter of the year are compiled for the Cheoniclk, showing an increase in both gross and net earnings: EA.ST Ol' I'lTTSUUKO AND KKIE. -Gross Earningi.A't'i Eai'nings.' 1881. 18S0. 1881 1880. $3,189,215 $3,083,551 $i,2oo,sei $1,300,298 3,OS5.014 2,914,570 1,158,104 1,232.182 3,844,304 3,278,180 1.79f,220 1,511,248 ALL LINES January February Uarcb $10,129,133 Total $9,300,313 $4,103,991 $4,109,528 As to the lines west of Pittsburg and Erie, the monthly reports issued in 1880 and for the current year show the results below. The company's report states the decrease since Jan. 1, this year, againsc the same period in 1S80, as $82,192. ALL LINES WEST OP riTTSBDRG. Net Surplus over all Liabilities. Gain or Jannary February March Nettotal . : : THE CHRONICLE. ArRil, 30, 1881.J Avenne : . an early hearing in the appeal case. The McCalraont people ia consenting to this, say, however, that they do not concede the right of appeal to the other side. To-morrow the McCalmonts will file a supjjlementary bill, in the Common Pleas Court, asking for an injunction to restrain Mr. Gowen and the old board from acting in the affairs of the company." —The following is the monthly comparative statement of gross receipts, tonnage and passengers of the Philadelphia & Reading Railroad Company for the month of JIarch, 1S81 and 1880: GROSS RKCEIPTS. -1881.-1880.4 Mnntht. itnrrh. 4 ilonik*. 85,302.417 $1,430,945 $5,174,013 21,-520 0.803 35.503 204,051 37,078 2i7,9SO 22,170 7,571 29.040 iTarrh. Railroad traffle Canal trafflc Steam 1 $1,520,208 15,380 51,435 7,4S4 colliers iicbiuond coal barges . Total Railroad .$1,000,508 Kead. Coal& IronOo. 024,530 . Total of .$2,525,107 all $.5,010,151) $1,4S!>,380 927,070 $5,407,707 2,854,478 $9,055,584 $2,417,059 $8,:J32,184 3,445,425 Comparative statement of earnings, expenses and net earnings of the Reading Railroad and the Coal & Iron Company for March, 1881: 1831.March. 4 months. $1,600,508 $5,010,1,50 918,112 3,377,048 . Gros.'! receipts Gross expenses Netproht $082,4.^0 $2,233,110 1880 > March. 4 monlhu. $1,489,381 $.), 407,707 859,113 3,107,733 $030,270 $2,359,974 Comparative statement of business of the Philadelphia Reading Coal & Iron Company for March, 1881: -1881.Murch. 4 months. $3,445,425 890,280 3,235,198 $^•2 1.539 Receipts. Expenses. $31,252 $710,709 Profit Net profit of both. $210,220 $2,443,337 Richmond & Danville—M9.ssr3. John & -1880. Alnrck. $927,070 872,214 , 4 months, $2,854,476 3,059,265 $55,450 L'a.$204,788 $085,732 $2,155,185 A. Hambleton & Co., of Baltimore, give the following in their circular The following are the railroads embraced in the Richmond & Danville system, all of which are owned or leased for a loag term of years Richmond & Danville KK.. Richmond to Danville. Va 140 mfles. I'iedmont RR., Danville, Va., to Greensboro, N. C 49 milea. North Carolina RR., Goldsboro via Greensboro, to Char: lotte, N. C North Western N. 223 miles. RR.. Greensboro to Salem, N. C 25 miles. Air l,ine, Charlotte to Atlanta 209 mites. A. & C. narrow gauge branches 70 miles. Cliarlotte Columbia & Augusta RR., Charlotte, N. (,'., to Augusta, Ga 191 miles. Columbia & Greenville RR., Columbia to Greenville 143 mites. Columbia & Greenville branches 85 miles. Spartanburg Union & Columbia RR., Alston to Spartanburg. 03 miles. Western Nortli Carolina RR. (completed), Salisbury to Astac- Atlanta C. & Cliarlotte 140 miles- villo Total 1,403 milea The annual report of the Richmond & Danville Railroad for the year ending September 30, 1880, showed^Gross earnings, $1,943,314 ; net earnings, |79G,847 ; interest on bonds and fixed charges, $570,893 ; surplus to profit ard loss, $225,9.")3. Estimated annual fixed charges of Richmond & Danville RR., nndec recent lease of the Atlanta & Charlotte Air Line RR. Interest on debt $244,570 Rentals 320,000 Interest and dividends on Atlanta & Charlotte guarantee 447,500 toss 1831. 1880. $381,539 143,497 411,901 $305,304 110,710 557,171 $70,235 Gain.. 20.787 Iajss .. 115,270 $900,937 $979,185 Loss i« 1881. G.iin .. .. 469 $12,248 Total $1,012,070 Equivalent to per cent, or $24,028 per mile. The following is the statetiient of earnings of the Richmond & Danville, Piedmont, North Carolina and North Western North Carolina railroads, from October 1. 1880, to March 31, 1881, inclusive, compared with same months of preceding years Months— 1880. 1879. October $220,401 $202,805 November 200,753 170,971 Deeemijer 175,016 100,310 1881. 1880. January $151,214 $155,364 February 107.509 IS.5.239 March 203.985 105,012 Philadel])hia & Beading.- In the United States Circuit Court in Philadelphia on April 23, Judge McKennin made the decree enjoining the Philadelphia & Reading Railroad Company from issuing the deferred income bonds. On April 27 Judges McKennan and Butler made the following decree restraining the issue of the "blanket" mortgage bonds by the Philadelphia & Reading Railroad Company " It Is orilereil and decreed that, until the final hearing of this case, or until further oiiler of tills Court, the defendant corporation and the other Totals $1,118,880 $1,015,702 defendants are eujoined from e\ecutingtl»is mortgage upon the property At a meeting of the board of directors, St. Panl & Dnlnth. of the coiiipan.y for $150,000,000. as mentioned in the bill; and from executing .any boiuls or obligations secured by such mortgage upon the held in New York on the 25th inst., Messrs. C. H. Graves of property of the company, and from doing any act toward the carrying Duluth and J. Q. Adams of St. Paul resigned from the board, out of tile scheme of an issue of bonds or obligations as a part of an issue or issues amounting in the aggregago to $150,000,000, to be and in their places were elected Messrs. R. B. Angus and J. J. Hill of St. Paul. Mr. Angus is Vice-President and Mr. Hill secured as set forth iu the bill au<l the exhibits thereto attached." Judge McKennau informed counsel for Mr. Gowen that the General Manager of the St. Paul Minneapolis & Manitoba. The decree did not deprive him of the right to present any new entire income of this company has since its reorganization been plan to the Court for the financial reorganization of the companj'. used in various improvements, additions and extensions. To The following notice was issued by order of the Bond board provide for the payment of deferred dividends and to secure means for the completion of necessary improvements and tha of directors Geneiial Ofkicr of the PiiiLADF.Lriin <t Readixo Railroad a'lditional equipment required, the board has resolved to Company, No. 227 South Fomth Street, I'hiladelphia, 22d April, 1881 recommend to the stockholders at their annual meeting, to be Notice is lien'by given that, having lieiii judicially declared to have been duly elected President of the I'hiladelphia & Reading Railroad held June 20 next, to appoint a committee of Btockholders to inquire into and ascertain the amount of income from all sources Company. 1 liave assumed the duties of that olliee. Mr. Franklin li. Gowen lias ceased to be President of this company, properly due the preferred stockholders to July 1 next, which and is not authorized to enter into any contracts or to execute ally amount shall be capitalized by the issue of preferred stock, to instrunieiits on its behalf. be paid to the stockholders for the dividends found due. And All comiuuuicaliousin regard to that portion of the business of the whieli oompany is not specially under the charge and management of the board further recommends that the stockholders authoiize the Receivers, should be sent to the undersigned, as President of th3 the issue of first mortgage bonds of the company to the amount Plilladelphia Reading Railroad Company, to the above address. of one million dollars, to be used for the purposes mentioned. Frank S. Bond, President PhiUd<ilphia & Reading Railroad Company. Shenandoah Valley Railroad. President Frederick J. KimA report from Philadelphia, April 28, says that " counsel ball of the Shenandoah Valley Railroad Company, has let confor the McCalmonts have agreed to join with counsel for Mr. tracts for the construction of sixty-five miles of the 95 mile exGowen in the application of the latter to the Supreme Court for tension southward from Waynesboro to the Norfolk & Westen»_ : — : cSt — — THE CHRONICLE. 470 Commercial ^Iic v;i».\i.vihiR(;iAL EPITOME. Feidat Nioht, April 29, 1881. The weather has been excellent during the past week; at times almost summer heat has been felt. The floods in the Northwest have in a measure abated; but an overflow of the Lower Mississippi is regarded ae probable, from which, however, no serious damage is apprehended. Crop accounts are imoroving, while trade continues in a good condition and active , for the season. The provision market has been variable and lower during the past week. The position has lacked support from the Western Business has been fair, on a realizing movement. To-day old mess quoted on the spot at f 16@$16 25 new, $18 May options quoted $17@$17 50, and June |17 65@?18 bid and centres. ; Friday, P. M„ April 29, 1881. TfTB MovBMBST OF THB Crop, bh indicated by our telegrams from the South to-night, is given below. For the week ending this evening (April 29), the total receipts have reached 47,729 bales, against 60,718 bales last week, 66.579 bales the previous week and 85,696 bales three weeks since; making the total receipts since the 1st of September, 1880. 5,351,348 bales, against 4,638,867 bales for the same period of 1879-80, showing an increase since Sept^^mber 1, 1880, of 712,481 bales. ' Receipts at— Oalveston 1,258 Xndlanola, <&c. New Orleans... : Pork Bacon Lard 11>8. lbs. 072,428,773 lbs. lbs. Total 1879-so. 33.225,000 Itierease. 192,276,710 1,046,800 36,521.475 4,820,205 630,040,293 42,388,480 404,53?,.'JS3 Eio coffee has been dull and depressed, and has latterly touched ll%c. for fair cargoes; the close was dull and nominal at 11 j^@ll?4c. for that grade. Mild grades have been moderately active at easier prices, Maracaibo latterly ruling at 10@ 13c., Bavanilla at 10@14e., though Java has remained at 14^@ and Laguayra at ll@14c. Kice has been moderately active at steady quotations. Molasses has been in better demand, and firm at the quotations of last week. Tea has been fairly active, and at an an auction sale of 4,500 packages to-day prices were generally steady. Spices have remained quiet. Raw sugar has been fii-mly held at 1%@^ 5-16c. for fair refining, but trade has been only moderately active, as refiners are quite liberally supplied by their own importations, and the close is very quiet, with not over 7Mc. obtainable for fair refining, while 8Mc. for 96 degrees-test Centrifugal is a somewhat nominal quotation. Uelado. Mhds. Bozct. Sags. 260 407,113 62,999 .... Eecelptssinoo April 1,1881 332 63.535 100 220,333 Bales since April 1.1881 294 47,313 6,851 1,062,753 8tock April 27, 1881 6,301 686,399 2,429 31,760 Stock April 28, 1880 20c. Refined sugar has fallen to 9%c. for crushed, 9 7-16c. for granulated and 8%@9c. for standard "A," with a fair trade at the decline, and the close was steadier. Kentucky tobacco has remained comparatively quiet. The sales for the week are only 500 hhds., of which 350 for export and 150 for home consumption. Piices, however, rule comThe paratively steady; lugs, 4:^@5?ic. and leaf, 6@12c. movement in seed leaf, on the contrary, has been much more liberal, extending to large lines of the crop of 1880. of which Wea. 398 Thurs. FH. Total. 887 746 5,961 2,616 200 76 4,557 104 14,173 l,6d9 1,626 76 2,627 2,.574 Mobile Florida 376 502 378 614 123 11 11 Savannah 882 1,262 673 514 1,014 250 4.625 Brunsw'k, &c. Charleston Pt. Royal, Ac. 075 395 543 755 506 104 73 13 10 578 46 40 253 3,452 19 667 789 1,266 770 1,198 1,100 5,7»0 185 27 615 ; 1880-81. 34,271,600 441,060,058 197,096,915 Tuet. 1,046 1,185 ; ; Mon. Sat. asked September, $18 bid. Bacon was quoted at 8%5. for Wilmington .... Moreh'dC.,<feclong, 9M@9%c. for short and d%c. for long and short clear. Norfolk Beef has been quiet at $22@$23 25 for city extra India mess CityPolut,&c. and $12 25 for family. Beef hams quoted at $22@$23. Lard New York closed weak at per 100 lbs., and 10@15c. declined dull, opened 11-70C. for prime Western on the spot for future delivery. May Baltimore ll-77)^@ll-62)^c.; July, Phlladelp'a, &c. Bold at n-77^@ll-67^c.; June, ll-82>6@ll'67>^c.; August, ll-8.'>@ll-72?^c.; October, ll-87^@ 11-75C.; seller year ll'97^@ll"87?^c.; refined to the Continent, ll'87^c. Tallow fairly active at 6Mc. for good and 6^c. for prime. Butter is in better supply and weak. New cheese is quoted at ll^@13c. for fair to choice State factory old, 10^ @14c. The following is a comparative summary of aggregate exports, from Nov. 1 to April 23 XXXU. T T O N. O O ^^i^w^s. ; [Vol. 80 Totals this week 6,0.i4| 378 397 778 57 8.250 786 6:o 315 947 765 765 1,014 .571 3,928 2,780 2,171 1,750 8,044 10.798 47,729 911 480 141 75 654 592 299 20 8,573| 6.01(1 46 259 253 664 23 For comparison, we give the following table showing the week's and the stocks to-night for the corresponding periods of last year. total receipts, the total since Sept. 1, 1880, and the same items 1880-81. 1879-80. Slock. Receipts to This Week. April 29. 5,901 Galveston Indianola, &o. 76 14,173 1,689 11 4,625 . New Orleans MobUe Florida Savannah Brunswick, Ac. Charleston Port Royal, <&c. Wilmington 3,452 46 259 253 M'head City.&c 5,790 Norfolk aty Point, io 765 New Tork Boston Baltimore Philadelphia, &c. 3,928 2,780 2,171 1,750 Since Sep. 1, 1880. This Week. Since Sep. 1,1879. 1881. 627,294 2,702 448,.505 77.235 14,960 6 7,661 1,460,262 12,449 1,420,71! 226,101 368,851 1,407 342,946 21,963 20.265 28 20.055 5,086 825,861 1,119 711,017 24,634 4,855 3,631 598,258 2,540 435,465 21,178 49.919 30,619 49 114,123 78 75,316 2,176 29,770 26,728 39 653,909 532,253 11,050 3,793 203,095 152 149.866 144,001 2,560 185,690 181,664 145,045 191,277 10,535 3,768 151 34,916 15,309 9,990 30 .50,964 38,238 11,028 1880. 29,200 196,504 34,797 16,245 18,115 2,713 13,211 250,296 13,736 10,083 13,942 47,729 5,351,348 30,858 1,638,86- 602,689 598,850 In order that comparison may be made with other yearc, we give below the totals at leading poits for six seasons. Total Receipts at— 1881. 1880. 1879. *o 6,037 14,173 1,689 4.625 3,498 2,708 12,449 1,407 1,119 2,540 Wilm'gfn, Ac 512 117 744 299 Norfolk, Ac. All others 6,555 3,945 6,543 5,199 5,112 Galvest'n.&c. New Orleans. MobUe Savannah Charl'st'n, 1,089 3,195 1,666 2,979 1878. 1,759 10.893 3,082 1,495 1.612 893 3.623 7,839 187 1876. 693 2,076 4,213 8,986 2,003 2,378 1,723 572 2,759 2,246 2,991 2,620 6,477 999 738 888 10,640 prices transpired. The sales amounted to 3,225 cases, as follows ; 1,500 cases 1880 crop. State, private terms ; 300 cases 22,283 31,196 16,560 26,002 Totthls w'k. 30,858 47,729 1880 crop, Pennsylvania, 20c.; 200 cases 1880 crop, Connecticut Since Sept. 1. 5351,318 4633,367 4317.007 4113,803 3339,63013941,356 seconds, 10c 350 cases 1879 crop, Ohio, 6>^c.; 175 cases 1879 Galveston Includes Indianola; Charleston includes Port Koyal, Ac; crop, New England, 12@20c.; 100 cases 1879 crop, Connecticut, Wilmington includes Morehiad City, &c.; Norfolk includes City Point. &o. 18c.; 300 cases 1879 crop Pennsylvania, 10@25c.; and 300 cases The exports for the week ending this evening reach a total sundries, 8@16c. The movement in Spanish tobacco has also of 58,254 bales, of which 28,754 were to Great Britain, 4,266 to been more active, and sales 1,300 bales Havana at 85c.@$l 10, France and 25,234 to rest of the Continent, while the stocks aa duty paid. made up this evening are now 602,689 bales. Below are the Naval stores have been fairly active, spirits turpentine at exports for the week and since September, 1, 1880. barely steady figures on a realizing movement, and rosins at well supported prices ; the former sold largely to-day at 41c. From Srpt. 1. 1880, to Apr. 29, 1881. We^k Ending At>rU 29. Expvrtfd toExported to— for southerns in yard ; strained to good strained rosins $1 60@ Export* $1 70. Petroleum has continued quiet, but about steady at 8c. /rom— ContiConti- rotoJ Great Great total. France for refined for export. Crude certificates closed steady at nent. Wuk. Britain. Brtfnnent 83 /^c. bid after selling at 82/^c. Ingot copper was in fair sale 401.246. 44.334 91.050 6.242 265,801 1.661 .... 18?4@18%c. Galveston for Lake. Lead has been active at a decline to at 296.128 1,338,260 s.eao 12,965 7;7.1II .fts5,021 4^c. for common domestic. Wool dull and easy. Hops quiet New Orleans. 7,419 lOi.lSt/ 73,972 22,767 Mobile and quoted as before. Ocean freight room has latterly been taken at low and un- Florida 37,860 259,419 4g2.21» 194,934 Savunnah profitable rates, but the shipping movement was checked by 192.983 60,299 201,907| 455,279 11,774 7,0»1 2,718 Charleston*. the high rates for the leading export staples. The position WilminKton. et<,8i» 1,444 11.2221 57,146 appears to be almost demoralized, though the tone was some- Norfolk 4,147 805,9Sa 2«S,009 2,850 3.400 8,160 what bt^tter to-day. Grain to Liverpool bv steam, 2/^@2'.^@ New York... 427,974 8',04S sis.ies 31,481 18,441 9.502 8,262 1 84,847 2?4d.; cotton, ll-16@3-16d.; fl..ur, 12.s. 6d. per ton; bacon. 15® Boston 84,S4C «.23S 2,233 110,014 21,158 620 88,856 17s. 6d.; cheese, 20s.; grain to !> udon by steam, 4d.; flour, Bultlmore. .. 102 47,457 2.519 47.355 2,619 15s.; grain to Hull by steam, 3%d.; do. to Hamburg by steam, t'hiladelp'a.&c 90 marks-; grain to Cork for orders, quoted by charter. 4s. 3d. 973,691 3.837,221 4,-3flf 25,234 58,254 2.3' r,43ti 488.01: 28.754 Tcml per qr.; refined petroleum to Antwerp, 33. 2d. per bbl.; do. 744,306 3.178,2;'3 8,005 10,935 70.201 3,107,005 326.97 IHjtal 1879-80 56,261 to Bremen, 3s.; do. in eases, Beyroute, 23c.; do. Smyrna, B^lonica or Paraeus, 26Xc. 'Includes exports from Port Roral, *c. same ; I April ; THE CHRONICLE. 30, 1881.] In addition to above exports, nar telegrams to-night also give OS tlie following amounts of cotton on shipboard, not cleared, at the ports named. We add similar figures for New York, which are prepared for our special u.se by Messrs. Carey, Yale & ikmbert. 60 Beaver Street. On Apsn. 29, AT— 1 2 p to A Coast- Other France Foreign Britain. Oreat 10,089 4,500 Mobile Cuarlcaton Savanuali Oalveston i.'.;oo OUier ports None. 17,821 5,000 6,000 Kite. Totil 53.610 T,750 None. None. None. S,491 16.87S 1,776 None. 1,100 ;i..').iO •250 None. None. 6,100 2,000 .2.53 SS.ii?? 43,726 7.376 5.000 2,S00 231 None. 3,000 M 1,500 5.581 109,821 492.868 ro • Included In this amount there are 800 bales at presses for foreign ports the destination of which we cannot learn. rO C« 1 more active, and prices, have shown rather more strength. There was, speculation in futures has been 2 Yesterday values there was no danger of serious disaster. declined, under weak Liverpool advices and very favorable weather. To-day there was a weak opening, and the close was at a slight further decline. Cotton on the spot was quiet and unchanged, when quotations were revised white ordinary and strict ordinary advanced %c., good middling and strict good middling declined %c., middling fair and fair unchanged^ Stained Good ordinary advanced ^c, strict good middling ; — closing quiet at 10 ll-16c. for middling uplands. forward delivery for the week are 333,800 For immediate delivery the total sales foot up this week 3,956 bales, including 1,519 for export, 2,271 for consumption, lt)6 for speculation, and in transit. Of the above, 150 bales were to amve. The following are the official quotations and sales for ?ach day of the past week. The 1 1 CO -1 t^ ? * <s NEW Sat. ORLEANS. nion Toes u § 8 Taea Btr. G'd Ord Low MIdd'e etr.I/w Mid Middling... Gk)od Mid.. Btr.O'dMld Mldd'gFalr Fair 7 7 7>4 7S8 8 7«e 81318 8"l8 9ie 9^8 9^18 9'>18 958 10 10 10 103e lOia 10>3 10>a 1013i8 10% 10«i 10% 11 U^ie ll'is 1111,8 ll'iis n"ia ll"n UI5i8 125is 12=16 125l6 128i8 131in 131, 131i« 135,„ 7 758 Wed Th. Ordln'y.*tt> BtrietOrd.. Good Ord.. Btr. GM Ord Low Mldd'p Btr.L'wMld Bimdlini;... Good Mid.. Btr.Q'dMId MMd'g Fair ratr 7^ 7% Fr«. 7I4 714 8 8 9l8 9ifl 9^8 9»8 9»8 9»8 9»8 1038 1038 1038 1038 1013i6 101316 10-.3i8 101318 1013,8 11 11 11 11 7>4 8 ll|h6 lUhe lUtie 11"18 11",8 12018 13°18 li»16 135,, 129i, 135,8 Wed Th. FrI. HIB18 1U5„ 1113,8 1116,. 71,8 7lli8 Gtood Ordinary Good Ordinary Sat. y 129,8 135,8 Wed Tb. 714 8 9I3 73fl 8»8 fi' « 91 J 9=8 99; 95fl 1038 105: 103R 10l3i6 1013i8l0% 11 11 11016,8 1111,8 11»,6 !ll>S 1115,8 lU3i9ll% 129,; 129,8 12'a 13»„ 1:j6,8 I3'4 Mou Toes Wed Xli. Frl. 67,8 79,8 <57,fl 61!l8 " 84 H^ 79,8 8 9'8 9'8 9^8 COb 7=8 813 913,8 67,6 6"l8 79,8 7", 8 84 9% Middling MARKET AND 4 711 8»,i 978 SALES. Con- JS*I port. sump, 22s 3i7 450 250 Bat. CJiiiet rues Quiet.. 2701 lOOl Wed Kasier. 321 rhurs; Weak at lev.iiuo. Fri. Quiet at lis dec ' «» 1 h-MOO OOo WCJI* o«d"0 cbdo 00 aa mmk. 8 8 too csto Ot I-Om 00 GOOD MOm fe.t« e-J ^<1 8.*- 1 1 CD Mt-irfi. Meo 8 8 fT.CxO 1^8 QOO M f*V f-^ 00 )^ ** -0^ ODMm ®» 1 1 mO <l 00 1 rfirfl K> » W ao ©w w c c CO© 1 C Q «o t.*Mi« OOg 00 c;.c;t cncit oiot it..^ XOt S.o --M OOo 1 00 OOo d>c»o MW M,-> 00 h-H" to to ciaiO 1 MtoO 1 «.- to 1 S\ta MMcO 005 mmO *-t* M 00 CO 1-tO ®w OOo 6mO too 00 1 O'CJiO 1 OOo y-^*-* COM S 9i til 1 lU MMO 900 OtCJtO 1 *-M 6)10 ^*-'*^ COM ^CO «« MM05 OOo ?«!-.. 00 MM COM tow COMm *.*- <ca> S.M 990 rf*-!^ cjt;,'*0 wTCJt ^.M M i-^y^^ MMc;i *'*l~* 00 oa f-v f.'l^ wot ism OOo totoO mO 00 MO p<i Ter >-^y.*Q 005 MM© MO 00 MO 0^ Ts OOo mmO MO 990 mmO ^00 *-^y^ ! ? 1 :*i CO a> 1 1 M-tj IS: 1 1 I s: &-' y*y^'^ O' 0, m1 is y^y^y* ^ »] it.co 1 S.M 9 c aot 00 06 i s 2 b) ^ te !> i 1 >, MMcn OOo c6o » oo 60 1 SIM 1 ^1 ' s 1 1 1 V, 1 1 IS: « 1 990 ocic ^ wot 1 M S S 992 mmO 0D'» 00 00 ocn 00 00 1 ^ y^y-* OOo 660 IS: p •^1 ca oto 1 ts tM 00 c ^ {• 1 MMco toco 00 U. 1 ,f..M t-ty-^ 00 tOM 00 18m IS 00 00 00 ao MtO OOo «r" y-^yj^ 1 •fl S COOD 00 OOo omO too 1 OOWm 00 o«> oto 8 660 'TOO 00 c;tio Sto Ci^l obobo tout 1 992 ^<|0 C3-*>- 005 8 660 to to CO OOo -)^0 00 0000 MOm *p MMoa 005 0000 «.* too dot 00 Ol 00 ^ ^ y^y^a> obdbo OOo 0:0 0!D OOQoO tOM |3 ^ 1,1^ i-^y-^'i:^ toco 9.- OS M » «r 1 ? ".1*1 ®8> dbobo OOo 'n *» r*Mo OOo ^ CO 00 ^^ cnco 00 (XJCOO COW eto 1 *-'y^ ado out r-M MM.-, rn y^t-^ < e-1 ^jobO 0000 8 8 mmO ^100 MMO oo5 ddo t20 OOo MIH' k- Ida soo - — 01 OOo rf^rfi-© <j-.o 00 MM — rn 1 00 ooa S.w OOo ,Sg t Set y^y-* tit- < b f « 992 ositO 00 CO 00^ Mto 5S 00 00 O^M »0t MMjrt OLto y^y* COC« yif' too; So too So> S=> mmO ®92 cflcn® ^1^0 990 CD l^*-M 1 1 It. ^ICliM Sst 1 >-'f-*t:t 00 99 <i~i cttit 000 CC~1 00 9? oa vI-Jm m 03 r% »-M 00 1 OOo dido a 01 tOOM so MMo) B).« 1 ^*^ aid 00 MOm -1-) OOo ^Ot CO 1 \'-a ciciio coco r^y* 00 mu ^v> m *.- 1 co^ o;-.o -'t^ 00 -MM OOo tOOM «p Mmqo OOo «d,o 1 itk S: 1 § ^ c mmO toco 1 1 1 1 w: 1 1 1 1 1 1 ®: 1 1 1 1 1 1 1 IS: IS: IS: : II: 1 : 1 1 1 ^ 1 IS: : 1 | 3 <2 1: Includes sales In September for September, 621.400; 8ept.-Oet. for Oct., 946.500; Sopt.-Nov. for November, 762.100 Sept.-Dec. for December, 1,464,500; Sopt.-Jan. for .laniiarv. 2,58S.900; Sept.-Feb. for February 2,372,700; Sept.-Marcli for March, 3,466.100. Transferable Orders— Saturday, lOoo ; Monday, 10-55; Tuesday, 10-65; Wednesday ,10-65; Thursday, 10-55 ; Friday, 1055. Short Notices for April Tue.tday, 10'.57. Short Notices for May—Thursday, lo-o-l, 10-53, 1052 Friday, 10-55. 1021 5011 344 583 287 Spec- Tranul't'n 50 116 tit. 1.519' 2.271 166 — ; 'ouu. 582 720 400 781 685 788 I Total MM 00 00 tOOM Sw OOo toti 1 The SALES OF SPOT AND TRANSIT. Mon Weak tout ooO <jo ^^v 000 »»° OOo 01 o< *« OOo CO 9 1 l-M*. 9\ fog? ; lb Low Middling SPOT MARKET CLOSED. n j<ot So CO 00 9$ CTO» Frl. 9% 1-*^ CJOiO OOQOm 129,8 135,8 76,8 ^H> 09 Mi-i 7H. S 918 9»8 l03e 714 7% 75;, 7'^ Klfl 8 81,8 9i8 9I8 813,8 81318 8% 9'i« 9=8 99 8 !>^,« 9^8 9H 95h 1038 10 9 916,8 1038 105,8 10T,8 10>3 1019 1013ie 10l3i8 10% 10% 10% 1011,8 11 11 1013,6 U'le lli>,« III4 illiiic ll«ie 11% 1111,8 119,8 l\h Illl5,„ 1113,8111% 125,8 125,8 !l2>4 1129,8 l-'9,8 II2I9 131,8 131,8 113 135,„ KP,„ '13>4 7 STAINED. Strict 7^ 8 9% 99 eio> MO OOo 18 1 Ordln'y.*1b BtrietOrd. Good Ord.. |-<M CJtOt lOiO. 1 .-OJ ,, >fl ooO ^. ss w 56 ;o>co3- g.o »• ??." lU TEXAS. Sat. 3ton. It 00 M 00 00 WW total sales for UPLANDS. mou Tne* f^ Ui -J ;;<» 1 PI *c .' 1 ^ coca 5 3 obc- 1 8 § bales. April 23 to April 29. Sat. ?3„e • <o|.' 58 8 § ' market mu ' CD CO 1 advanced 3^c., low middling advanced l-16c.; other grades of white and stained unchanged. To-day there was a general 3; to m 9>« at one time higher, but declined toward the close, Liverpool losing part of Tuesday's advance, there being no very definite accounts of the reported floods, and private advices saying ^: 3 : ilif re ^d re on Saturday, notwithstanding the very favorable weather report and dull foreign advices, some improvement, based on reportfl of danger from floods and the smaller receipts at the ports. On Monday the market was again weak. On Tuesday there was an advance of 5@7 points o» the better accounts from Liverpool and the reduction of home stocks. Wednesday was decline of 1-1 6c., the : ill' s u 10,178 li),134 1 D <& 50,416 169,764 40,414 .5.273 Saturday, Sales. Prieesp t« to , 182,37^ 14..'i87 nil to Stock. Total. 26.819 •11.900 9.500 New York variable, p ; 5,.'i00 though 17; : • The CToslng. Prices Prices mi nil Sales,Thnreday Sales, Closing. 5* 1 1 Shipboard, not cleared—/or 471 Friday. s Leaving New Orleans » » « « 3,9.S6 Deliv Sales. 33,100 41,900 63.400 69.300 65,000 61,100 333.800 eries. 100 100 400 600 The dally drtliverieH given above are actually delivered the day preyious to that on which ihey are reported. The Sales and Pricrs op Futurks are shown by the following comprehenoJve table. In this statement will be found the daily market, the prices of sales for each month each day, and the closing bids, in addition to the daily and total sales: followincf exchanges have been made daring the week: -25 i>d. to exeh. 4.000 May for Aug. -18 pd. toexch. l.OOO.May for July. -04 pd. to exch. 100 Sept. for May. •25 pd. to exch. 100 M»j' for Aug. -03 pd. to exch. 300 Sept. for May. 14 pd. 10 exch. 500 Sept. for .Tune. •10 pd. to exch. 400 May for June. •07 pd. to exch. 1,000 July for Aug. •25 pd. to exch. 3.20O May for .\ug. •26 pd. to exeh. 500 May (or Aug. 10 pd. to e."ceh. The 100 May for Juno. to exch. 100 July for Aug. t« exch. 200 M.ty for June. to exch. 700 May for Aug. to exoh. 1.000 may for Au^ to exch. 20^) May for July t« exeh. 5oO May for July to exeh. 300 May for Jun» 200 May s. n. for regular 07 pil. •10 •26 -26 -20 •20 •10 pd. pd. pd. pd. pd. pd. Exoh. even. Exob. 200 May s. n. 3d for regular. Visible Supply of Cotton, as made np by cable and is as follows. The Continental stocks are the figures of last Saturday, but the totaLs for Great Britain and the aHoat for the Continent are this week's returns, and consequently brought down to Thursday evening; hence, to make the totals the complete figures for to-night lApril 29), we add the item of exports from the United States, inelading in it the exports of Frid&y only t telegraph, — — .. .. THE CHKONICLE. 472 1»81. .balea.l.OOO.OOO Btookat Uverpocd. •took at Ix>iidon 42,900 fiiook Stock Btock etook IS 80. 1879. 1878. 71 J. 000 35,S00 63.},0OO 887,000 11,750 54,000 i 749. SOO Total Great Britain (took 1,012.900 181,000 at Havre 4,200 at Marscilleg Btock Stock Stock Btock Btock at Barcelona at Hamburg at Bremen at Amsterdam at Rotterdam at Antwei-p at other contl'ntal ports. 7,000 44,300 42.100 J.770 82,600 2,410 23,240 3,GO0 35,900 19,400 2.100 780 390 9.850 7,900 22,.50O 898,750 089,000 160,250 2,000 41.000 4,500 20,750 233.7.50 4.750 3,750 10,000 5.750 34,000 7.500 43.000 49,500 12.000 7 500 23,750 421,750 43,7.50 313,500 182,540 29G.750 Total European stocks.. ..1,356.400 India cotton afloat for Europe. 2'J8,000 Amer'ncott(iHatlo.itforEur'pe 502,000 932.310 247.000 358.000 46,000 598.877 113.868 11,000 935,750 1.320,500 216.000 211,000 490,000 405,000 2l.ono 1 5.000 429,329 368.781 46,495 48.632 100 6,000 Votal continental ports. 31.000 602.689 116,270 12,000 Egyi't,Brazil,&c.,afltforE'r'pe Btock In United States ports .. Btock in U. 8. interior ports.. United Stt tes exports t»-day . like the following. Continental stocks American afloat for Europe Dnlted States stock United States Interior stocks.. United States exports to-day . . Total American Sasl Indian, Braail, <te.— Uvenrool stock Iflndon stock Continental stocks India afloat for Europe Bgypt, Brazil, Ac, afloat 121.000 .M.OOO 43.750 216.000 15,000 202,000 35.800 43,540 247,000 46.0C0 Wetk Feb •• " 1880. 1879. bales Xlverpool stock Continental stocks Americanafloat to Europe.... 70-'.000 512.000 139.000 358.000 514.000 United States stock United States interior stocks.. United Slates exports to-day.. 602,689 204.211 12.000 .598,877 363,781 78,962 Total A merlcan Xast hidian, hraztl, liverpool stock ;i03,y00 1,823,031 1,019,843 223.000 f.02.000 4<'5,0O0 204,154 11,000 100 dc— liOndonstock Continental stocks India afloat for Europe Egypt, BrazU, 610., afloat 238,000 42,900 90,500 268,000 31 ,000 202,000 35,800 43.540 247.000 46,000 225,000 11.750 51,750 211,000 21,000 " " 121,000 54.000 43,7.50 216.000 15,000 Augusta, Ga Columbus, Ga... Montgom'r.VjAla. Belma, Ala Memphis, Tenn.. Teuu Kasliville, Total, old ports.. Dallas, Texas. Jefferson, Tex... . Shrevepovt, I.,a.. Vicksburg, Miss- Columbus, Miss. Eufaula, Ala Ga Ga 562 316 108 016 588 1.725 1 ,257 16,808 10,764 354 5,981 6,915 4,880 4,103 7,589 351 740 6,767 1.30 1,355 435 13,475 116,279 289 263 162 1,074 1,638 1,526 795 209 183 | ports 020 412 5,669 2,273 71,444 11,607 47.729 ! 31,511 13,951 14.076 33,08» the pa.st week ill farm work. 9,499 476 76 123 1,468 6,763 — 1 ranging from 60 to 91. Dallas, Texas.— \y<i have had good showers on one day the past week, the rainfall reaching one inch and fifty hundredths. Farm work is progressing well, but there Ls much complaint of scarcity of labor. Average thermometer 74, highest 91 and lowest 60. Brenham, I'exas. We have had a beneficial rain on one day the past week, the rainfall teaching one inch. Re-planting is i ' i I j — 12,882 90,286 8,853 25,635 204. IS 4 nearly done, but there is great comi^laint of scarcity of sound The thermometer has ranged from 62 to 85, averaging 75. Waco, Te.vas.—^e have had good showers on one day the past week, the rainfall reaching one inch. Farm work is progressing seed. Average thermometer 74, highest 85 and lowest 60. Orleans, Louisiana.—It has rained on three days thepast week, the rainfall reaching two inches and forty hunfavorably. New dredths. 200 5,993 65 to 82, averag- Indianola, Texas. We have had good showers on two days the past week, the rainfall reaching two inches and fifty-one hundredths. Planting is about completed in this neighborhood. Average thermometer 74, highe.st 84 and lowest 65. Corsicana, I'exas. —We have had no rain the past week. AH agriculture is prospering. The thermometer has averaged 74, 12,733 113,863 1,405 The thermometer has ranged from ing 72. 1,8.50 87,932 23,752 new Total, all 12,817 8,208 37,227 204,211 15,811 22,578 Total, 630 810 6,154 3,818 Cincinnati, O.... 30,853 87.294 220.930 :218,860 78,962 204.154 I2OI.2II We Slock. 2.439 2,304 9,246 6,624 5 71 91,936; 238.5515 ,237,401 60.718 — Apri 30, '30 700 371 4,749 6,792 100 13 30 60.570 3i.714 ' j 39,582 11,366 C. Mo 93 75 420 293 3 -.910 143,746. general been favorable for crop purpo.ses. Eain has fallea in many sections, but not in excess, and more would be beneficial has , 9,241 3,660 i ,,,, 1.187 55,283 55l2'83 ""^ " 7.867 83 2,487 Charlotte, N. 2,860 268,5; 9 107,005 232.493'ji4«,S70 145.784 1S8,82« 138,507 40,082 1 10.487 3^,492 8i,S«» 40,496 67,101 30,595 68,996: 24,971 51.101 19,004 42.177 72,289 42,388 50,349 39,699 34,977 25,14S Weather Reports by Telegraph. —The weather 1 149 97 653 573 41 Bt. Louis, 3.317 2,665 10,304 3,334 2,182 2,054 351 8,768 3,109 359 40.187 38,183 22.283 ll»,870j 96.418 92,883 61,758 61,085 bales. | 346 94 30 29 229 348 193 560 342 671 Atlanta, Home, Ga 60,666 10,265 451 163 44 164 234 1,415 28 M,28S 47.393 78.514 44351 37.S28 83,096 93,239 78,447 1. That the total receipts from the plantations since Sept. 1 in 1880-81 were 5,522,,')88 bales; in 1879-80 were 4,835,720 bales; la 1878-79 were 4,390,317 bales. 2. That, although the receipts at the out-ports the past week were 47,729 bales, the actual movement from plantations waB only 33,080 bales, the balance being taken from the stocks at the Last year the receipts from the plantations for interior ports. the same week were 14,076 bales and for 1879 they were 13,951 225,000 11,750 51,750 211,000 21,000 Receipts. Shipm'ls 1 18 134.338 115.307 146.539 1S2,246| 327,084 278,76B 123,809 The above statement shows . Macon, Ga 1881. i 2.976,300 2.397,371 2,069,593 2,553,379 Slock. 1880. | Total visible supply Receipts. Shijmi'ls 1879. 110.047 103,995 13S.359 170,438 316.972 284,135 83.266 78,431 133.931 163.6181 803.279 288.546 78.490 64 .968 140,126 159.418' 28»,99« 2e5.01 60,282 49,011 108,;iO<J 14!,612|1^31,047 2->7,314 60.698 5.3,419 03.690 181,163;l2e«.i2o! 277,092 2.5 .... " |]t3f~The imports into Continental ports this week have been 70,200 bales. These figures indicate an increase in the cotton in sight tonight of 578,939 bales as compared with the same date of 1880, an increase of 906,707 bales as compared with the corresponding date of 1879 and an increase of 422,921 bales as compared with 1878. At the Interior Ports the movement—that is the receipts and shipments for the week, and stocks to-night, and for the corresponding week of 1880- -is set out in detail in the following statement: Weelc etui iiig 1881. 23 April 1 " 8 " 15 22 1 670,403 574.340 449.750 52O..5O0 2,305,900 1,823,031 1,619,843 2,032,879 '81. 1880. at some points. Galveston, Texas. It has rained on four days the past week,, 662.000! 370,000 the rainfall reaching three inches and twenty-seven hundredths. 490,000 have had delightful showers this week, and the indications429.329 75.550 are that they extended over a wide surface. Reports from all 6.000 sections are favorable, except that there is a scarcity of labor, 2.032,879 which finds more profitable employment in railroad building thani Total East India, &c ItotalAmerican Week end ing April 29, 1879. 1881. 150.841 119.854 183.723 190.763 315.975] 279,523 127,489 107.913 130.76T 1878. 'J.-.S.OOO Stock at Interi&r Porta Rec^pts from PlanVns. the Porta. 1880. 11 18 Mar. 4 " XI That difficulty no longer exists, and we therefore make the following comparison, which includes the stocks at the nineteen towns given weekly in our table of interior stocks instead of only the old seven towns. We shall continue this double statement for a time, but finally shall simply substitute the nineteen towns for the seven towns in the preceding table 1881. 1879. 1 2,888.3o8 2,307.085 2,039.293 2.524.324 Total visible supply esst SiSiort. S^:! 613, r,d Price Mid. Upl.. Liverpool .... The above figures indicate an increase in the cotton in sight with the name date of 1880, to-night of 581,283 bales as compared an increase of 849,073 bales as compared with 1879 and an incompared with 364,044 bales as 1878. crease of In the preceding visible supply table we have heretofore only iacluded the interior stocks at the seven original interior towns. As we did not have the record of the new interior towns for the four years, we could not make a comparison in any other way. Amencnn— Ke«tpt« ot ending-' 574 310 419.7.50 520 500 670.400 2,217,968 1,732.745 1.589,543 2,003,824 Total East India, &c XotcJ American add RECEIPTS PKOM PLANTATIONS. 2,217,968 1,732,745 1,555,543 2,003,824 238,000 42,900 90.500 208,000 31,000 will Southern consumption; they are simply a statemant of the weekly movement from the plantations of that part of the crop which finaUy reaches the market through the out-ports. 662,000 370,000 490,000 429.329 46.495 6,000 762.000 223,000 502,000 602.689 116.279 12,000 Uverpool stock we In reply to frequent inquiries that these figures, of course, do not include overland receipts or 2,988,368 2,307,085 2,039.293 2.521324 are as folio w s: Total visible supply [fVoL. XXXIl. The above totals show that the old interior stocks have decreasfd during the week 6,708 bales, and are to-night 2,411 bales more than at the same period last year. The receipts at the same towns have been 3,907 bales more than the same week bat year. Rbceipts feom the Plastatioks.— The following table inprepared for the purpose of indicating the actual movement each week from the plantations. Receipts at the outports are sometimes misleading, as they are made up more largely one year than another, at the expense of the interior stocks. We reach, therefore, a safer conclusion through a comparative statement Of the aoove, tlie totals of American and otber desorlptious Amertcan— Griffln, 1 904 485 2,281 943 i ' ' Average thermometer 72. Shreveport, Lonisiana.—The weather during the past week has been warm and dry. The rainfall reached sixty-four hundredths of an inch. 'Ihe roads are in a good condition. Average thermometer 77, highest 90 lowest 64. Vicksburg, Mississippi.— Vfti have hud rain the pa.st week/ but not enough to do much good. Columbus, Mississippi.— It has been showery on one day,, and has rained constantly one day the past week. The rainfall reached one inch and sixty-two hundredths, Little Mock, Arkansas.— Vfednesday and Thursday of thepast week were clear; the remainder of the week has been cloudy,. with rain on three days. The rainfall reached sixty-five hundredths of an inch. The weather is very favorable for planters. Average thermometer 70, highest 87 and lowest 60. Nashville, Tennessee.—It has rained on five days the past I . Aran, THE I.HRONICLE. 30, 1881.] week, the rainfall reachincr oue inch and six hundredth?, The thermometer has ranged from 56 to 84, averaKing 69. Memphis, Tennessee.— TeiegTuxa not received. Mobile, Alabama. It has rained very severely on one day, severely on one day, and has been showery on three days, the past week, and the latter part of the week has been clear and The rainfall reacted six inches and flfty-four hunpleasant. dredths. We have had delightful showers this week, and the indications are that they extended over a wide Kurface. Crop accounts are more favorable. The crop is developing promisingly. The thermometer has ranged from 61 to 82, aver- 1881. 72. — Montgomery, Alabama. It rained on two davs the earlier part of the past week, and the latter portion iias been clear and pleasant. The rainfall reached one inch and fifteen hundredths. We have secured a good stand of cotton, and at present the Macon, Oeornia. not received. Columbus, Oeorgia.—lt rained severely on two days the and lowest 70. Savannah, Georgia. —It 77, — S. "11.... 13,867 11,621 8,010 11.031 12,360 4,708 8. 8,237 0,339 6,243 5,201 4,717 5,150 8. 9,905 7,353 5,696 4,746 0,034 6,299 " 17.... 8. " 18.... 12,886 " 19.... 8,81 " 20.... "21.... " 22.... 14,679 6,714 12,919 6,034 9,291 3,379 5,846 5.610 C.260 8. 5,140 28.... ' 29 ... S. 8,250 8,573 6,010 8.014 10,799 8. 8,077 3,910 5,021 3,272 5,331,348 4,631,035 Percentage of total 9203 rort rec'Pta Apr. 29 Total. It This statement show.s that the receipts since Sept. 1 up to to-night are now 717,313 bales more than they were to the same day of the month in 1880 and 1,046,765 bales more than they werei We add to the table to the same day of the month in 1879. the percentages of total port receipts which had been received to April 29 in each of the years named. — India Cotton Movement from all PoeT3. The figures which are now collected for us, and forwarded by cable each Friday, of the shipments from Calcutta, Madras, Tuticorin, Carwar, &e.. enable us, in connection with our previously-received report from Bombay, to furnish our readers with a full and compfete India first give the Bombay statement movement for each week. for the week and year, bringing the figures down to April 28. B')WB\Y RECEIPTS AND SIIIPME.STSTFOR FOUR YEAR*. "» We I 12 Orleans Memphis 8.... ».... 23,210 13,03j 9,980 13,656 14,912 9,678 " 10.... " April 28, '81. April 29, '80. Feet. Itieh. Feet. Inch. <i 2 Below high-water mark . . 2 24 6 Above low-water mark... 31 7 15 Above low- water, mark... 13 10 16 8 Above low-water mark... 10 41 10 2 AboTe low-water mark... 11 Nashville 7.... " 27.... has rained on four days the past has been showery on six days the past week, the rainfall reaching one in<.h and twelve hundredths. Planting in this section is two to three weeks behindhand. The weather is now warm and favorable, and planting is making food progress. At some point a good stand of cotton and corn as been secured and plants are doing well. The thermometer has ranged from 62 to 87, averaging 73. Charleston, South Carolina.— We have had rain on two days the past week, the rainfall reaching eighty-four hundredths of an inch. The thermometer has ranged from 58 to 80, averaging 67. The following statement we have also received by telegraph, showing the height of the rivers at the points named at 3 o'clock April 28, 1881, and April 29, 1880. New 6.... " 24.... " 25.... " 26.... highest 85 weels, on three of which lightly, and the rest of the week has been pleasant. The rainfall reached fifty-two hundredths of an inch. The thermometer has averaged 71, ranging from 60 to 84. Augusta, Oeorgia. 5.... " 23.... earlier part of the past week, but the latter portion has been The rainfall reached three inches and clear and pleasant. Average thermometer 4.... " " " " " "13.... " 14.... " 15.... " 16.... —Telegram not received. ninety-two nundredths. " " 12.... weather and prospects are excellent. The thermometer has averaged 73, ranging from 62 to 87. Selma, Alabama.— It has rained on two days the past week, and the rest of the week has been pleasant. The rainfall reached ninety-three hundredths of an inch. Planting is about completed in this neighborhood. The thermometer has ranged from 50 to 93, averaging 87. Madhon, Florida.— 'HeXegram. 1880. Iot.Mr.31 5,075,110 4,480,842 Apr. 1.... 15,516 5,922 " 2.... 10,903 8,298 " 3.... 8. 6,621 — «gmg 47.> } I Shipments since Jan. \Shipiiients this lueek. Bhreveport Vlcksbure New Orleans reported below high-water mark of 1871 until Sept. 9, 1874, when the zero of gauge was changed to high-water mark of April 15 and 16, 1874, which is 6-lOtns of a foot above 1871. or 16 feet above low-water mark at that point. Great Total. Britain Year Great Conti\Brit'n.\ nent. Continent. 1881 16,000 40,000 36,000;i30,000 267.000 1880 12.000[37,00Oi49.OO0i:Bi).O0O|22i),OO<J 18791 5.0*1 25,000 30.0001 lU.OOOi 163.000 l'J7s! 6.ono|li>,000:22.0()0ll9l.000|26 1.000 i i Jteceipts. 1. This Week. Total. 406.000 308.000 277,000 458,000 67.000 60.000 11,000 36.000 Since Jan. I. 634,000 625,000 442,000 572.000 — According to the foregoing, Bombay appears to show aa Jute Butts, Bagoino, &c. The speculative demand for bagging fell off shortly after our last report, and during the week increase compared with last year in the weeVs receipts of 7,000 the market has been quiet. There is a firm tone to the market bales, and an increase in shipments of 7,000 bales, and the and prices are a trifle nigher. The quotations at the close were shipments since January 1 show an increase of 8,000 bales. Kj^c. for 1% lbs., lO^c. fbr 2 lbs. and ll^c. for 2% lbs. The The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for activity noticed in the jute butt market last week has continued the same week and years has been as follows CALCUTTA. MAORIS. TPTICORIH. CARWAR. RtHOOoy AVD KURRAOHBB. ,and a very good business was in progress up to the close. Prices are firmly adhered to, holders demanding 2%a. for paper Shipments since January 1. Shipments thin iveek. qualities and 3c. for spinning grades. The reported transacYear. tions aggregate 5,000 bales at the prices quoted. Great Britain. Port Receipts and Daily Crop Movement.— A comparison of tha port movement by weeks is not accurate, as the weeks in different years do not end on the same day of the month. We have consequently added to our other standing tables a daily and monthly statement, that the reader may ooastantly have before him the data for seeing the exact relative movement for the years named. The movement each month Continent. Great Total. Continent. Britain. Total. Co>iPAR.\TivE 64,008 53.000 117.000 1881 9,600 121.000 36.000 3.000 160,000 6.606 1880 11.000 4,000 70,000 49,000 119,000 1879 7,000 15.000 3 1,000 49,000 1878 For the past few weeka wo have omitted from the above table (Calcutta, Madras, &c.,) this year's weekly flsures, aa we found there were inaecuracics in them as cabled to us. We are, however, making new arraugements, uuder which wo hope not only to prevent errors, but also to greatly Improve this feature of our report. ty since September 1 has been as follows: Tear Beginning September Monthly Receipts. 1800. flept'mb'r 458,478 968,31' 1879. Decemb'r 1,020,802 January 571,701 333.643 888,492 942,272 956,464 647,140 February. 447,91s- October. KOTemb'r 1,006,501 . March . . 572,728 476,582 261,913 1878. 288,848 689,264 779,237 893,664 618,727 566,824 303,955 1877. 98,491 578,533 822,493 900,119 689,610 472,054 340,525 1. 1876. 236,868 675,260 901,392 787,769 500,680 449,686 182,937 187S. 169,077 610,316 740,116 821,177 637,067 479,801 300,128 Total year 3,073,110 4,490,312 1,140,519 3,901,823 3,734,592 3,737,682 Pero'tage ot tot. port receipts Miir. 31 .. 89-58 9310 89-78 92-48 99-66 This .statement shows that up to Mar. 31 the receipts at the tills year were 594,2SS bales more than in 1879-80 and 984,591 bales more than at the sam* time in 1878-79. By adding to the above totals to Mar. 31 the daily receipts since that time, we shall be able to reach an exact comparison of the movement for ports the different years. The above totals for this week fjhow that the movement from the ports other than Bombay is 9,000 bales less than for the same week last year. For the whole of India, therefore, the total shipments this week acd since January 1, 1881, and f»r the corresponding weeks and periods of the two previous years, are as follows. EXPORTS TO EOROPE PROM ALL INDIA. 1881. I Shipments to all Europe from.— Bombay Since Jan. 1. 393.000 160,000 30.000 11.000 277.000 119,000 558,000 41 ,000 396,000 49.000 9,000 523,000 58,000 406,003 1 1. 1879. This week. Since I7,00a 56,000 56,000 1880. Jan. Jan. All other p'rts Total . This week. Since This week. 1. This last statement affords a very interesting comparison of the total movement for the week ending April 28, and for the three years up to date, at all India ports. Alexandria Receipts and SmPMENTS. Through arrangements we have made with Mes.srs. Davies, Benachi & Co., of Liverpool and Alexandria, we now receive a weekly cable of the movements of cotton at Alexandria, Egypt. The following are the receipts and shipments for the past week and for the coi responding wtjek. of the previous two yeai-s. — . 47 . . . ; . THE (CHRONICLE. i Alexatidria, Egypt, April 28. Bre- 1979. 1880. 1881. [VoT„ Liver- 3.000 4..'i00 3,199,000 2.726,500 ThU ThU Since Sept. wetlc. teeek. 1. 1,.'564,000 Sijiee Sept. 1. Since This week. Sept. 1. Bxport8 (bales)— 1,700 232.450 3,4.51 169.204 .500 22.5,.500 ToLiveriMK)! To Ck>atiuent 9,161 133,84' . . 3.000 157,000 2,000 73,500 WewYork.. 9,402 N. Orleans. 23,358 Mobile Charleston 3,591 Savannah.. Texas 1,316 4,000 9,010 Total Europe cantar 5,151 9,661359,34.1 U 98 4r> 1,654 3,000 230,500 lbs. This statement show-s that the receipts for the week ending April 28 were 4,500 cantars and the shipments to all Europe were 9.661 bales. —Our report received from Manchester to-night states that prices for twists are ^d. lower, that shirtings are unchanged and that the market is flat. We give the prices of to-day below, and leave previous weeks' prices for comparison: MANCHEi3TER M.^RKET. 1880. 1881. 32» Cop. 8>4 lb». Shirtingt. Ticitt. d. d. d. H. s. giaalde 6 lOiaas fliaai038 6 101338 Feb.25 Mar. 4 " 11 " 18 " 25 Apr. 1 •8 " 15 " 22 " 29 y^a yg o^& g's 9 ® 9'8 9 ® 9'e 9 * 9'e 9 ® 9's 8%a 9»8 6 6 6 9 a7 ®8 6 9 6 6 9 ®8 5i3®7 5^97 8=8® a^^e 32» Cop. Upds lioisl. d 2^8 278 10i2 9 STIOia 7is»7 9 7ia»7 9 (i Ootfn Mid. 81a 8ifl d. d. H. d. 638 1138*12 t:»8 1139 63l« im®iisi 7 7 7 9 -BS 9 9 ^8 9 6 ®8 3 d. »12 Cott'n 8I4 lbs. Shirtings. s. Mid. Vpldt d. A. 76,8 739 738 7I4 739 7I4 7I4 7 ®llia 7 4hi-SS 3 ®llia 7 4^-a>8 3 ailia 7 4i3a8 3 ailin 7 4isa8 3 6iin 11 1013 all 6 7 lia»8 ei5,g 51*18 lOSeaiOTe 7 08 5i5,„ lois ®10% 6 1015971019 6'»„ 6»,fl 6»,« 6 11 It 11 The Followino are the Receipts of Cottojj at New York, Boston, Philadelphia and Baltimore for the past week, and since September New Seeeipis from— 1, 1880: York. week. Sept. 1 N. Orl'ans Texas Bavaunah 4,243 141,873 l,2B7i 94,738 2,800 214,132 Mobile .. Florida 4' B.Car'lina N.Car'Iiua Virginia.. Korth. pte Tenn., &o. Foreign . P/ii/udelphia. 4,759 This Since This week. Sept. 1. week. 618 7,220 3,291 23,303 6,880 2,402 Since Norfolk.... Baltimore.. Boston Philadel . SepM. 789 50,678 17,733 581 59.075 3,769143,955 657,111,924 96 253 829 1,171 44,130 561 I8.U31 88.600 132 26,625 Last year. 5,625 360,046 1,273 68,775 2,432 202,769 9,918,975,1681 3,152.382,934 307 81,766 2,0531167,863 — Total bales Nbw York—To Liveroool. per steamers Abyssinia, 2,585 Botlinia, 175 City of Bcrliu, 664 City of Brussels, 442. .City of Paris, 811..EBgliuid, 2,389.. Herschel, 2,336. To Hull, per steamer Sorrcuto, 100 To Havre, per steamer St. Laurcut. 677 To Bremen, per steamers Moscl, 490 Weser, 700 To Hamburg, per steamer Silesia, 410 To Rotterdam, per steamer Nero, 261 To Antwerp, per steamer Switzerland, 40O To Reval, per sbip Lorely, 1,970 per barks Emilia, 2,300 9,402 100 677 1,190 410 261 400 per bark Clytle, 3,591 CHABLKSTON-ToBarceloua, per bark Embla, 1,412 Upland Bavaunah-To Liverpool, per ship Pohona, 1,003 Upland and 311 Sea Island To Santander, per ship Don Juan, 700 Upland Tux AS- To Liverpool, per bark Anna, 4,000 To Havre, per bark Flora, 1,750 To Bremen, per bark Emma Parker, 1,751 To Antwerp, per bark Flora, 1,035 To Reval, per bark Sidon, 1.4.50 To Genoa, per barkeutiue Kariian, 1,060 To Vera Cruz, per steamer Whitney, 903 KOKFOLK To Liverpool, per ship Alexandrovna, 4,750 John Bunyan, 4,260 Balttmorb—To Liverpool, p3r steamers Enrique, 98 Oracia, — 2.274 3,591 1,412 ; Satur. Liverpool, steam d. 3l6®'4 Do 8ail...(f. Do Bremen, steam, sail Do Amst'd'm, steam.c. Do Do * 1,751 1,035 1,450 1,060 The la- la- la* la' Ifl. ''iKaH Thurs. V V Ti6®ia ''i6®'a 7x6® la 14' V 14* 14* "4* 14 '4 I4 "4 14 14®-'16 '4®9l6 FH. i^asis l4<*9lB l4®9lB V 7ie®i« V H i4®»ie sail... (2. steam d. 38 38 38 38 38 e. =18 "18 618 B,e He sail 38 Compressed. — Liverpool. By cable from Liverpool, we have the followingstatement of the week's sales, stocks, &c., at that port: April Sales of the week 8. 64,000 4,900 3,300 52,000 4,900 13,300 821,000 626,000 28,000 22,000 395,000 301.000 bales. Of which exporters took Of which speculators took.. Sales Americau Actual export Forwarded Total stock— Estimated Of which American— Estun'd Total import of the week Of which American Amount atloat ipril 14. April 22. April 29. 42,000 5,700 1.300 32,500 3,700 11,000 863,000 644,000 91.000 56,000 377,000 298.000 30,500 3,600 500 52,000 4,000 2,500 43,000 22.500 6,600 6,600 17,000 21,500 927,000 1,000,000 710,000 762,000 113,000 153,000 104,000 112,000 350,000 286,000 253.000 177,000 Of which American The tone of the Liverpool market for spots and futures each day of the week ending April 29, and the dally closing prices of spot cotton, have Saturday Monday. Tuesday. Market, 12:30 F.M \ Quiet and m'nd ^ Bteadj. ly Mid. Upl'ds Mid. Orl'ns Wednes. Thursd'y. Mod. Fair defree- freely supplied. Steady. met. 5^8 5 '8 5l»l8 51^18 6,000 1,000 8,000 1,000 8,000 1,000 Steady. Steady. Steady. inq. 51B„ 515ij 513l8 6 12,000 2,000 8.000 1.000 Fnday. Tending downw'd. 8.000 1,000 903 Barely steady. Very dnil. Saturday. Delivery. April d. 52832 52830 I I I 6 Delivery. |Sept.-Oct 6I18 6li« |Nov.-Deo b^zs d. Delitery. June-July Julv-Aug May-June.. ..o'sa^o^j Aug.-Sept Apr-May 892 Dull. The actual sales of futures at Liverpool for the same week are iri ven below. These sales are on the basis of Uplands, Low Middling ihi.ise, unless otherwise stated. 6% I d. MONDAY. Apr.-May May-June June-July 52032 5is,8 6I32 95,095 particulars of these shipments, arranged in our usual I | j June-July Oct.-Nov July-Aug 6332®ii6 Aug.-dept Bept.-Oct 6:132®! 18 iNov.-Dec I •J'« 6 51'!ie 53932 TUESDAY. 314 April form, are as follows: Is* V 9,010 4,006 2,000 „ ^32-''32 e. »ai\...d. Wednes. Tues. 3l6®'4 3i6®l4 318® 14 ^32® '33 ^32®''32 ''S2®'32 ^32® ^32 l3> ^18® "3 .c. Sambnrg, steam. <2. 700 1,259 ;....... PliiLADELi-HiA- To Liverpool, per steamer Lord Clive, 2,000.. Ban Francisco— To Liverpool, per ships Kmight Companion, 309 (foreign).... Jos. S. Splimey, 5 (foreign) . e. 3fon. 3,j3,l4 4.000 1,750 381 — ^aa-'sa e. sail 1,316 283 To Bremen, per steamers Koln (additional), 202 KronprinzF. Wilhelm, 690 : BOSTON-To Liverpool, per steamera Caspian, 789 Illyrian, 822 Massachusetts, 487 Minnesota, 649 Olympus, .„ 892 been as follows: ....Nina, 1,731 6,001 Liverpool, per steamers Author, 1,850 Cadiz, 2,950 Excellent, 4,341 per ships Enoch Train, Martha Cobb, 4,361.... per bark Gaspee, 3,180... 23.338 6.676 To Havre, per steamer Alexandre Bixio, 3,584 per barks P. Bredsdorff, 2,358. ...Orion, 1,001 6,943 To Bremen, per ship Saranak, 2,713 per barks Navigatore, 2,207.... Themis. 3,552 8,.502 To Reval, per bark Tellemach, 2,274 1,060 probably be a total loss. Part of the cargo, consisting of sugar, fruit, cotton, <!ic., has been saved. The steamer is fast breaking up. The City of Austin lias been one year on the route between this port and Mataiizas via. Femandina and Nassau. Previous to that she was in the coasting trade between this city, Femandina and Galveston. The loss of the steamer is attributed to the pilot. COBOSILLA, steamer (Br.), fmm New Orleans for Brcmeihaven, with a careo of 3,007 bales of cotton, and corn, arrived .-.t St. Georges, Bermuda, April 12, with loss of all of the propeller blades. The captain reported April 5, during moderate weather, discovered that the proi>eller blades were gone supposes the loss was occivsioned by sinking floating logs of timber, as several were passed Immediately afterward. She was discliarging on April 21. MoBii.K, steamer, from Mobile March 31 for Liverpttol, ai rived at Queenstown April 25, short of coal and with loss of funnel. Lord Canning, ship, from New York, at Liverpool April 22, had deckhouse slightly damaged and lost two boats. Crown Jkwel, bark, at Galveston, loadng for Livei-pool, with 2,000 bales of cotton, was discovered to be on lire on Monday evening, the 18th inst. There was no one but the crew on board, and they managed to extinguish the tire, which was confined to one bale of cotton, stowed immediately under tlie deck. There was slight damage to other cotton by water. The burnt bale was sent ashore, there being no other damage requiring bieakingout of cargo. Cotton freights the past week have been as follows: Mew UKLEAN8—To MoniLE—To Liverpool, 1,450 Below we give all news received to date of disasters to vessels carrying cotton from United States ports, etc.: Crrr of Austin, steamer, from Uatanzas, via. Nassau, for New York, stranded on Pelican Shoals, near Fcrnandiua, April 24, and will 1 Shippino News, The exports of cotton from the United States the past week, as per latest mail returns, have reached So far as the Southern ports are concerned, these 95,089 bales. are the same exports reported bv^ telegraph, and published in the Chronicle last Friday. With regard to New York, we include the manifests of all vessels cleared np to Wednesday night of this week: Total 314 1,035 Total... 57.378 9,370 12.745 1,696 9,725 2,112 1,060 95,089 Included In the above totals are from New York to Hull, 100 bales from Galveston to Vera Cruz, 903 bales. Baltic, This year. 15,218 995,950 3,591 1,412 314 1,751 .381 San Fran.. Do 478, 136,074 451 38,307 l,62d 213.813 1021 4.816 3,928 141,001 3191 3,385 '. 41.077 4.006 2.000 Havre, steam 3,213 104 21,431 Total. 18,441 2.016 11.949 9,010 1,273 4,006 2,000 1,750 Baltimore. This Since week. Sept, 1. Genoa. der. 700 I Since Tliis wtrp. Itevat. 661 6,001 2,274 1,412 . • A. Saree- lona it Sanlan- Uavre. burg. 677 1.600 6,943 8,502 pool. Beoeipte (oantars')— Thl8 week Since Sept. 1 Hotter- men i£ dam <£ Bam- Ant- xxxn. Apr.-May May-June June-July July-Aug 52932 52832 Aug.-Sept Oct.-Nov 5ii>;8 May-June Jun&July 6I32 6332 6B32 53I32 53133 e'lB July-Ans Aug.-Sept Sept.-Oct Nov,-Dec 6ie 63i8 63,8 5i°io : AraxL THE 80, 1881.1 Deliteru. (JHllONKJLE. July-Aug May-Juue Juuo-July 0I31, S<!pt.-Oct d. Aug.-Sept 6»s3 6S33 Apr.-May S'.n>3i Sept.-Oct.. tiSjj Thdhsday. G332»>16 May-June S^'ie Sept.-Oct Jone-July Aug.-Sept 6 Oct.-Nov Nov.-Deo Aug.-8cpt 6539 52933 April 5i6ig 5ii»j3 July-Aug Nov.-Deo May-June eiig S's 52»ji May-June f>*'32 June-Jnly luly-Ang Nov.-Deo ^I'lg e"* Friday. Aug.-Sept S's 5"8 Sept.-Oct 53I32 Ocl.-Nor 0132 |Nov.-Dco Apr.-May May-June 6»3j 6I33 I I June-July July-AUK S»s» fa 527,3 BRE ADSTUPFS. kinds are quite moderate, but general trade is slow. Rye flour has declined materially, under an increase in supplies. Corn meal, on the contrary, is dearer, all through an improvement of the eiport demand. To-day the market was dull and weak. The wheat market has been variable and unsettled. The fluctuations were wide and frequent, even on the same day. On Tuesday a decline in freight to Liverpool by steam to 3d led to a large business for eiport, which in turn stimulated speculaYesterday the market was somewhat detion in futures. pressed, but closed steadier, the sales embracing No. 2 red winter at $1 28@1 28>6 on the spot, |1 23@1 23^ for May, $1 20J6@1 21 for June and $1 17>6@$1 18 for July, and No. 1 white, $1 24@1 24>^ on the spot, $1 20@1 20^ for May and Stocks in this market are now very $1 18M@1 18M for June. small, and supplies, except by rail, cannot be large until about the middle of May. To-day the market was ^@lc. below these figures for early deliveries, but otherwise unchanged. Indian corn has been very scarce on the spot, and prices have a.dvanced materially; but for future delivery the improvement has been slight and fitful. The speculation, however, continues to be sustained by the length and severity of the winter and home the extensive 1879-80. 4,079,403 1878-79. 4,838,974 1877-78. 4.083,533 01,951.408 86.538,002 30,444.875 11.042,015 3,029,02s 7l.3J.'5.457 73.S74.9d) 63.313.103 23.104. iOl 8,953.042 3.871.011 61.642.743 ^0.19^,487 9.802.449 3,504,302 Total grain.... 190,008.320 186.075.281 17.1.116.370 150.967.223 .bbls. e,43;<,l(i9 tnieat tnsb. Corn Oat» Barley Kye feeding having a tendency to cause scarcity. 81,lJ7.4r.O S8..'it!8.818 18.754.078 8,781,«96 3,219,858 Coraparatire shipments of flour and grain from the ports from Dec. 27 to April 23, inclusive, for four years: Flour Rye Total grain .... 17,109.882 8.471.234 1,682,531 808,168 9,053.868 28,317.378 5.037,854 1,216,880 572,863 38.180,793 44.198.843 Rail shipments from Western weeks ended bbls. Wbeat Bai-ley Bye Total Bail 11.477.828 15,617.302 5,136,905 1,601, 1.V2 16.265.409 17.130,079 3.049,270 1,296.969 616,666 951,840 1880. Week Week April 23. 174,714 April 24. 90,467 839,872 56,162 38,743 143,102 509,918 429,806 53,005 41.073 3.548.249 1.181.504 busb. 1,03^,188 1,520,284 Corn Oita 1878. 1,900,9S0 34.479.913 38,694,465 lake and river ports for th« 1881. Flour gam* 1879. 2,181,115 1,.522,217 8.105,;i78 bush. VTheat Oom OaU 1880. 1881. 2,740,462 bbls. better grades were dull at weak- medium and Supplies of ening values. 476 Plour.. Barley FRIDAY, P. M.. April 29, 1881. The flour market has b«eii somewhat irregular during the week under review. The export demand has been mainly for low grades, and as these have been scarce prices improved slightly; but the : 1880.81 Delivery. d. 6-Im «>« 5i^is Aus.-Snpf 8»5ia S'^aa G'lg O'e June-July July-Aug . Wedhbsdat. ^ Delivery- AprU-Mav May-June : . 1879. 1878. Week Week April 26. AprU 27. 119,6:23 03,761 860.384 114.639 43,046 167,609 523,588 175,443 28.938 8,831 3,017,955 904,199 1,69:^,031 3()3,9.')5 and lake shipments from same portsfor Flour, Week oois. ending— last four weeks: Oals, Barley, Rye, hash. bufth, bttgh. Corn, Wheal, Oitsn,. April 23... 175,905 April 16. ..18.5,141 April 9. ..204,618 AprU 2. ..228,404 1,343,9:^1 1,264,858 650,747 021,889 2.055.719 1,881,075 1,478.1.99 1,752,195 855.674 851.646 458.077 308,445 56.162 38.743 68.084 45.206 66.342 72.758 72,530 52.653 4 wks. 794, 128 4,181,415 7,167, 188 2..564,742 263.1 18 209,360 4 w'ks '80.. 426.402 5,665,842 13,344, 163 1.870.255 312,317 273.007 Receipts of flour and grain at seaboard ports for the week Tot., euded April 23: Flour, At— bbls. Sew York Boston Portland Montreal Pbiladelpbla Baltimore New Orleans Wheal, hush. 117.014 1,040,250 84,430 130,130 2,380 60,000 16.660 800 20,040 188.000 25.459 460.800 15,674 67,302 Com, Oals, bush. bush, Barley, bush, 502,890 573,282 127,000 365,800 32.400 23,250 3,300 6,800 1,400 144,000 3-5,250 3,000 260.000 21.700 115,708 54,728 hye, bush, 5.344 1,000 1,000 3,000 week 2S2.500 1,017.282 1.455,108 725.060 153,340 10,344 20.150 21,724 Total receipts at same ports from Dec. 27 tj April 23, inclusive, for four years 1381. 1880. 1879. 1878. Flour bbls. 4,201,263 2,703,188 3,260,200 2,729.733 Total Cor. week'80-... 156.020 1,343,731 2.400.104 3:i0,003 To-day No. 2 mixed on the spot sold up to 64^c., but receded to 63;!^c., and sold at 56Mc. for May and 55e. for June. bush. 18,893.715 25.304,867 Wheat 20,312.313 33,315,(>04 Rye has been dull and drooping, prime boat-loads being Oom 6,308.000 5,002,434 Oats quoted at about $1 10 for May arrival. Barley quite nominal. Barley 1,750,048 1,320,102 501,320 037,430 Oats have been variable. To-day the market was firm; No. 2 Bye 64,8.57,2h4 graded quoted at 50c. for white and 46e. for mixed, and No. 2 66,800.737 Total grain .... 54.387.011 60.102,502 Exports from United States seaboard ports and from Montreal mixed sold at 44%c. for June and 45c. for July. for week ending April 23, 1881: The following are closing quotations: 1171 ea(, Com, Flour, Oats, Rye, Peat, FUjur, bush. Grain, bbls. bush. bush, bush, bush. From^ So, 2 $ bbl. .$3 209 3 65 Wheat663,808 New York 115.620 777,706 1,101 26,376 5,601 Winter supertlue 4 253 4 40 Spring ,,. 01,300 171,763 $112 .. a>l 26 Boston 24,572 ^. ^ winter Spring supeillne 4 00*4 30 Ked 113 ®130 56,400 Portland 1,800 4,800 ] I , . Spring wheat extras.. do XX iUlil XXX... Win. & Minn, rye mix. Winter shipp'gextias. do XXaudXXX... Patents City shipping extras. laKSouthern, liakers* and family lirancla Bouth'n ship's extras. Eye 4 OOai 4 00 Red winter, No. 2 1 27ia3) 5 00 a 6 25 White 1 15 31 26 5 00a 5 50 Corn— West, mixed. 60 -ai 61 Wont. No. 2, new. 4 65a 5 10 62 la 3 03^ 5 25® 6 50 Western yellow.. .-..®.... 6 50® 8 25 AVestern white 63 ® 65 4 60a 5 05 South, yell'w.new .3.... South, white.new 63 a 03 5 753 e 75 Rye 110 ®1 14 4 753 5 50 Oats—Mixed 44 a 47 5 803 6 20 White 48 3 52 Barley— Cinada W. 100 ®1 15 2 75 3 3 10 State, 4-rowed... •».... 3 203 3 03 State, 2-rowed... ....a . . Hour, iiupertlue.. Com mealWestern, &c Brandy wine, ifec Pe:vs—Can'da.b.ifet. .....3.... (From the " Ifete Hark Produce Exehanoe Weekly.") Receipts of flour and grain at Western lake and riv*'- porta for the week ending April 23, 1881: Flour, bblB. Air- (196 (6«.) 42,412 64.341 Oblcago Milwaukee Toledo 737 Detroit 11,239 2,668 32,012 4,645 Cleveland St. Louis Peoria Total, 158,0.54 '80. 114.530 Oats, Barley, Hye, bush, bush, (is lbs,) (56 (6«) bush. (56 (6».) (3'2 lbs.) 567.146 4.500 178,266 10.161 91,000 730,110 362,350 333,051 37,173 10,500 15,560 20,084 5,000 7,735 10,037 51,200 2,000 170,003 22,482 135,000 0,200 709,080 1,943.533 032,682 1.537.941 747.163 103,252 625.977 7o!809 04.270 112.200 110,712 220,329 280.103 11,800 Duluth Bame time Com, Wheal, bush. (60 (6s.) Total receipts at same ports from years bush, 7.703 8,712 4,623 14,560 35 653 24i771 Dec. 27 to April 23, inclu- sive, tor four _, FJonr bbls. Wheat bush. Com Oats Barley Rye 1881. 2,758,339 1880. 1,770,657 1879. 2,094,418 11,737,565 25.751,094 0,315.370 3,154.193 13.089.434 40.436,966 6,772,232 1,999.705 631,700 17,736,224 23.242,708 7,144,094 1,911,296 914,698 567,220 Montreal Philadelphia.. Baltimore Orleans.. New .... 50..545.442 62.980.063 50.090.110 : 23,030 335,777 101,183 1,758,300 1,388,403 1,101 26.376 10,401 o,o76 2,288,520 2.102,210 7,878 9,536 The Visible supply of grain, comprising the stocks in granary accumulation at lake acd seaboard at the principal points of ports, and in transit by rail and water and on canal frozen in, April 23, 1881: ~" Oats, Wheat, Com, Barley, bush, bush, bush, bitsh, In store at— bush, 902,355 07, 150 600.381 57.623 New York 16.258 156,000 260.000 160,000 Do. afloat (est.) 47,000 52,000 5,500 23,000 85,000 Albany 38,500 BulTalo. 151,953 1,001 2,378 80,067 4.483 7.676,156 *3,849.640 674.007 130.250 Ohicaeo 74.027 3,120,503 27.506 3,019 Milwaukee 177,300 3,404 1,351,000 5.000 Dultith 333.017 66,150 Toledo 1,603,187 9.600 300.700 6.310 Detroit 5,400 9,190 20,000 40,000 150.000 Oswego 20,000 248,307 992,768 60,978 2,318 8t. Louis 2.092 84,810 1.56,433 46,316 Boston 4,930 651 253,436 1,900 163,929 Toronto 7,186 44.007 12.972 Montreal 23,918 141 9,103 Philadelphia 204,386 97,273 110.000 27.460 123,541 172,567 Peoria 2,014 12,331 Indianapolis 88.400 65.100 30.200 ' "'680 05,602 45,471 40,191 Kansas City 471,362 Baltimore 558,808 Down Mississippi. 1,333,888 1,934.284 973.572 53,758 51,143 535,435 15,802 255,733 On rail 1,231,982 3,900,035 76,660 239,800 Canal and river. li',230 '80. 102.719 '.'.','.'.'. IBTB 1,911,139 18,157,452 23,470,232 6,342, .521 2,302,836 1,243,041 51.525 082 Comparative receipts (crop movement) at same ports from 1 to April 23, inclusive for four years August 276,773 370,780 178.802 Total for w'k 157.411 Same time Tot. Apr. 23, '81 19,820.832 12,820.188 3.217.537 1.440.073 April 16, '81 April 9, '81 April 2, '81 Mar. 26. '81 April 24, '80 * Total grain 6,210 6.054 2,255 20.456.502 20,723,131 21,752.350 21,413,138 21,404,865 13,378,703 13,467,447 14,266,400 14,205,880 12,747,037 3.030,061 2.948,383 3.201.100 3.384.043 1,909,549 1,500,935 1.766,072 1.070.208 2.139,201 1,202,978 298.288 329,664 447,401 433.801 322.433 4l>5,37ti Including 715,633 bushels afloat. The following statement, prepared b7 the Bureau of Statiswill show the exports of domestic breadstuffs from tha tics, undermentioned customs districts, during the moutliof March, w : : ; IRE CHROf^KM.K 476 and for the nine months ended the same, as compared with the corresponding months of the previous year: 1881, ssn^sstsTSt S20 -5 * at 00 ODOO n> Tf » , f* O SS ; : Ee; E' fi 22 ?K3 "•a: BBSS gJ^ffiO^SPSICS 3 ; ; XX a B ,xx : . ; T O j : . SS: xx; XXOm; ox w xts^y^ OSCtOU' h-CiCCC tntt-oiUTi-'"*-' 'mccoc-. to'fb-xbi'^o; Xr-tOWl XQDUC XOH-rfOS «c New York. The sale was the largest of its class ever held in this country, and about 7.900 pieces were disposed of, but at prices which probably entailed a loss upon the mantifacturer, though it is doubtful whether the goods could hare been sold privately to such advantage, in the present condition of the market. Domestic Cotton Goods. The export movement in cotton foods is progressing favorably, and the present year's business ids fair to be the largest in the history of the trade. The exports of domestics for the week ending April 20 were 3,294 packages, of which 1,751 were shipped to China, 744 to Great Britain. 409 to United States of Colombia, 6S to Central America, 65 to Venezuela, and smaller parcels to other markets. The demand by jobbers was mostly restricted to moderate lots of plain and colored cottons of the best makes (most of which are steadily held), and low grade fabrics ruled quiet until nearly the end of the week, when reduced prices enabled agents to effect a fair business in some makes of bleached goods that have been very quiet of late. Print cloths were quiet and a trifle easier, extra 64x643 closing steady at S%e., and 56x60s at 3M@ 3 516c. Prints and lawns continued sluggish, and cotton dress goods were generally dull; but there was a satisfactory demand Amsterdam, — ; » ODOD' ODCO' for dress firm. oatox i^OiOit^ c oi *i a bxcsx tf*. M c. o topics I- O"- OO h- c C-M WtOWOJCCC xocx C. »- Of iU" O Oi X-3 h-tC*' OSOi; <1C0 OiW *-ox x^cc -1 . t3 rf- X o X -1 v< c;' . OiWOitOCK s i*i. -oo. XO- -^ -.1 Ci rf^ 01 J' a *i i 10 X^ '•OfcCli ' CO Oil to®o. eiocs-i«o:5 qo#-xc;m M wio"^roci o» o moo. c 1^ ^m Jl - C.' COCiXCD to wwx Itk tc tc O' - 00 — - C. QCJMOt MOipi; bbtow 'tib'toix oo. UOIO>£> (Oiocac; w CO en -* li *1S (D — fs- rf* V- COOO^M 030^0: WOCJ 34,788 27,138 22.215 'tjVjVb 0012. "lO^o O- OOOQCj* 03W#-tO MiotoV V' CiC5 y ovosQc 'i*.'-'--l^'J-^^*^OWO • <tOO('-tO>t.)-'MtCOtC M WC;ih-K)tOpp^<100_'-l CD cxxoxV-lx'wi'ioxc: Co: Ci —There has been a somewhat more able sales to jobbers disposed to anticipate their autumn requirements. Worsted dress goods were mostly quiet, and lace buntings are lower in some cases. Carpets were unsettled by the auction sale alluded to above, and some makes of tapestry carpets will be reduced on May 1 in order to meet the market. Hosiery and knit underwear continued quiet and unsettled. PoREioN Dry Goods have been dull in importers' hands, but jobbers have experienced a fair demand for light re-assortments of silks, dress goods, millinery goods, linens, embroidPrices of the most desireries, laces, hosierj' and gloves, &c. able fabrics are fairly sustained, but there is some pressure to sell low-grade silks and some descriptions of dress goods by means of concessions from nominal holding quotations. t0O4-O' oo- OSCCCDO cibx csxtc ^-^-o COICl-•COt ^lOX' PCM *-a.tOM rt- -* cocc*-to « Importations of Drr Guoda, The importations of dry goods at this port lO^- 5 rfi.OXCJ'CO^XlCOl^D-J. ct c: --J >— c rf^ — -)Oi*-x' : and and worsted coatings ruled quiet in first hands, but a fair distribution was made by cloth jobbers who control certain makes at present. Satinets were in light demand and Kentucky jeans ruled quiet, save in exceptional case.s, where price concessions and liberal time inducements enabled agents to make consider- ; CI,-' u staple ginghams, which are in light supply satisfactory business in heavy fancy cassimeres, and considerable orders for both all-wool and cotton-warp makes were placed by the clothing trade. There was, however, much irregularity in the demand, a marked preference having been accorded to leading makes, some of which are largely sold to arrive. Heavy worsted coatings received a moderate share o£ attention from clothiers, and fair sales of fancy-backed overcoatings were made to the same class of buyers. Spring cassimeres la OiO'X CDClcox^c WXO and Domestic Woolen Goods. xcso*» ro xxxn. 01.. [ for the week ending April 28, 1881 and since January 1, and the same facts for the corresponding periods of 1880, are as follows: «j2. ^OOitC p« M. . ^ tt»-lCl-'OWtf'WXO' -OXXrOlOXCtCtf^r w xp pyp j-;p -^ ^j *» o w ct — -' w w oi CO ^1 ' :,T X --1 t*^ w' X WliM*. J- ^1 '^ a» forcjrolnf; totals nre the reports from Milwaukee, Haven, Portland, Riclimond and Willamette, the details for March, Portland. nacen. kee. Talue Indian corn- $ Bushels Value Indian com * nifli' tnoiul. g: ; a: k El.®a CD . rtte. : • • ; ; o liiiiT -! OHO V ^] ....' 40,136 29,800 . TTillam- 37,713 22,628 (tk : Or- I --I xowc COCX>-'^l c. \ OC: t;! HI-* COlf*X<J<l O O" X pt^ Xl^tXWjO w 10 10 a -J o o -1 ;,T CiOD ts -1 i» t,T (_. OU y 05 pC" -10 $ )^ to to 10 -IW--XQO l-'l- Barrels - ! IC 10 a -4-5 meal- Value : •a; MilwauBushels s: t 1881, being as follows Barley— 250^2 ^ICOmCO Included in the New »'fl toto;-iai J- cs xitq rfk. lOM wxco-% 9P CStO d'Jirfi'XX ^x CJOOOO 1^ X :stuoi MX 'w'-h-'oxco -I O X c« »*- C5 to 4*. >-' .ii Oats— Bushels Value CiCOi-' Wh-* — 0*5^01 $ Eye- ^tO;vIOp VibbtVib "ii-CiOb'*" Ot -J Bushels Value CTX $ Wheat— 62,406 67,303 Bushels Value $ TVhcat flourBarrels Value Total valuesMar., 1881 Mar., 1880 4,100 20,750 $ 1,451 1,887 171,341 139,860 24,189 164,500 8,090 25,070 io**x'io*o;0i oo OJCOh-H-O ICO-^O-1 oom o X<1 XCIX W'-' oo CJ"Xtf»-p^ r.Ci 2,373 9 months— 1881 $ 1860 $ 075,033 331,.'594 38,965 48.473 117,913 508,465 189,07D 186,613 164,930 336,955 Fkidat, The movement in dry goods from first p. M., April 29, 1881. bands has been only mod- erate the past week, and there wasa good deal of irregularity in the demand, certain fabrics having shown a fair de.gree of animation while others were almost neglected. The jobbing trade was of fair aggregate proportions, and it is probable that the business of the month, now nearly closed, will prove to be considerably larger than that of April, 1880, which, however, was by no means an active month. The most important feature of the week's business was a peremptory auction sale of tapestry jitussels carpets, tl^p m.aniifactwe of Mr. Stephen Sandford, I— to K) »f^ C 35 X -1 O O O -I "-000-] OO XtO W> I I O'CO xp X-J tt- CO ' O I--1 "^W O »*^ O -J ClCiWOl C CO to to CO CO X O O ».C0OWwl t-'-JWOW WXfXp-I d^IO'OCl WX>-Xi*" O tS X^C:«:X rjD cs 01 w -1 •-] O' CJt r; -ItOOOiCO^ U" c; to 35 Ci' ww -JWrf^OCl C/T 929,418 1,338.334 1,772,715 647,384 1,281,009 3,742,632 THE DRY OOOD3 TRADE. rf^ X -J X -• X CO U X Ul ;CC0C3--lCi tt* $ $ WO '-' f- 3: -£ ** X X >-* ^1 I I X X-k-J-Jp-* Vi^'ift'XCs O"- x to \ ^; I c.u:;t-a<-^ wwM I : •- XW^^jqW »0 3i 3: 1*^ ti M 10 3: Ot M to-n OtJ" WOtWXO ^•-•MMh-M Vim XX XX t3^-4WO pWWh- i.'i'l-XOW h- x. CO i-i ^ w r to rr Oi 'CO -4 ItiiX stoto -wb "too JXp -IX "^.^ xo K.K3 OiO< XOii b VV) C X o to xtotocoo "i-b ; **.at *-C t:*.ppp Ih-'iiVMM c;- X w 1*^ Oi to c: ro >!* •&- (t^-flft o Xc — ^ c- <i o» • C'l "i 2 , Apiul THE 80. ItSl.l CflRONlCI.K The Brooklyn Trust Co. Cor.of Montiwae This Company t Clinton sti., Brooklyn, N. T. authorized by special charter to act as recoiver, trustee, guardian, executor, or adIs min Istrutur. It can ;ict as affect In the sale or manaKoment or real estate, collect interest or dividends, receive refdstrj and transfer books, or make purchase and Bale of Government and other securities. KeiiKiou.4 find chiirltubie institutions, and persons Qcaccustumed to the trani^actlon of business, will tod this Company a safe and convenient depository C. A. KiNNESr, 8. & Kennedy S. J. Kennedy Tod. J. H. WILLIAM STREET, No. 63 New York. BUY AND SELL NKGOTIATB LOANS AND DRAW BILLS OF EXCHANGE ON LONDON All business relatlns to the Construction and Equipment of Railroads undertaken. all See quotations of City Railroads in this paper r^ & Co., New, New ¥ork. INVESTMENT SECURITIES. Foreign Bankers. Hong Kong & The Corporation J. BANKERS AND BROKER!^, New Voib. New York Thirteen Tears' Membership In ExchanKe. Stock Sistare's NASSAU ir ST., Sons, NEW YORK, DEALERS IN FIRST-CI..4SS INYESTMEKTS. graph. E. Bailey, S. 7 PINE STREET. Dealings in Insurance A. BANKER AND BKOKEE, BROAD OR 27 WAT,I, STREETS, NEW YORK, Beeurities bought and sold on commission for cash Advances made on approved market rate. CAPITAL, SVRPLVS, 0. F. lyefosits received subject to chock at sicht. i per cent Interest allowed on all daily balances. Orders executed at London, San Fnincisdo. Boston, Phlladelpbia and Bait Imoro Exchanites. '^'"'^ Weelcly Financial Report Is .,*i";'*^ "i'*, muled iiae «( cbarge on application $13,000,000, Gold. 6,000,000, Gold. President. 8MITHERB, General Manager. XEW VORR Nos. £9 OfFICE, WALL 61 ic .STREET Walter Watson,) AtOnt* •_._,. ALEX'K LANG, Buy and f Sterling Exchange, Francs and Cable Transfers grant Commercial and Travelers Credits available in any part of the world issue drafts on and make collections In Chicago and throngheat the Dominion of Canada. ($14,400,000, Uold.) sell ; Execute orders for the purchase or sale of Merchandise, Bonds, Btocks, and other securities. In the United btate», Europe and the East make Collections buy and sell Foreign Exchange, and give advancei upon MercbandlHe for Kxuort. ; ; Nbw S. CARTER, STANTON BLAKE, UENKV K. HAWLKY, York. January Office, AgenU ) London for \ America ) Office, No. 9 Blrchln Lane. 1, li)79. 142 Pearl Street, New Calilornia Banks. Vorti The Nevada Bank Nederlandsch Indische OF SAN FRANCISCO. Handelsbank, New York Agenc}-, 62 Wall St. AMSTERDAM, HOLLAND. Established in SURPLUS, 1863, Agencies (LIMITED). LONDON, Head Office, 3 Angel Cksort. SAN FRANCISCO Office, 4«2 CaUfomU St. CO., Agents for Nouth America WALL STREET, NEW YORK. M STATE STREET, BOSTON NEW VORK Agents, I Capital, $1,000,000. D. R. WILKIB, HOWLAND, Pres't UEAD ; & W. Authorized Capital, • Paid up and Renerre, Imperial Bank of Canada S. J. Seluiinan A Co. BOSTON (Torrespond'ts, Maesaoliusetts N. B'k. Canadian Banks. H. Agent. Anglo-Californian Bank business of a financial character in connection with be trade with the Dutch East Indies. 18 BRANDEB, BONDS, THE Issue commercial credits, make advances on shipments of staple merchandise, and transact othei dc L. 8. ISSUES Commercial and Travelers' Credits, available in any part of the world. Draws Kxcuange, Foreign and Inland, and makes Transfers of Money by Telegraph and Cable. iii Batavia. Soerabaya and Samarang. Correspondents in Padang. BLAKE BROTHERS INVESTED IN U. »4,000,000 GOLD. GEORGE ($4,800,000 Gold.) HE.VD OFFICE IN AMSTERDAM. $6,000,000. 1,700,000. Transact a general banking business. Issue Commercial oredlts and Bills of Exchange, available In parts of the world. Collections and orders for Bonds, Stocks, etc., executed upon the most favor* FRED'K F. LOW, able terms. Im».„.»«~ "*"***"• all IGNATX STEINIIART,! Cashier. P. N. OFFICE, TORONTO. LILIENTHAl,. Cashier. BliANOUES: Boston Bankers. Port Colborne, St. Thomas, Ingersol?, Wetland, Kergus, Woodstock, Winnipeg, Man. Dealers in American Currency & Sterling Exchange. Agents in New York: Agents In London St. Catharines, : collateral at the - QEOKGE STEPHEN, I ESTABLISED 1824. Pald-np Capital, 36,000,000 Fiorina. o/ the N. r. Stock Exchanoe. General Bankinn Bnsiness Transacted. Of on mart^in. *C(J OF HOI.I.AND, No. 45 Wall Street F. E. Trowbridge, A BBr>8. W LAWSON of Montreal. Bank The Netherland Trading Society Interest allowed on deposits. Investments carefully attended to. Member Bills collected I securities. No. 3 Stfn Handel-Maatschappijj Transact a Beneral banking and brokerage bUBiness in Railway Shares and Bonds and GoTernmeot I on Canada, British Coliaubla, Portland, Oregea, Francisco and Chicago. and other banking business tr«iifMted. D, A. MCTAVISU. Affeata. also <'^iO, Nederlandsche SPECIALTY. [Established 1854.] St. ITIERCIIANIS, AMSTERDAM, HOLLAND Stocks Gwynne & Day, WALL STREET. No. 63 Paid-up Capital, 12,000,000 Guilders Canh paid at once for the above Securities; or ttiey wlli be soM on commission, at seller's option. North America, British con MISSION Sell All deposits subject to check at sight. Particular attention to orders by mail OT tele- J o> BANKERS OLIVEI! on Commission, for cash or on marKin, all securities dealt in at the New York Stock Exchange. Interest allowed on dally balances. Buy and JR., Buy and sell Sterling Bxobange and Cable Transfers. Issne demand drafts on Scotland and Ireland. Adolph Boissevain & B.J.Kimball, A.B. Lounsbebv, F.E.Ballabd, Members of N. Y. Stock Exchange. Geo. K. 69 "Wall HARRIS Ba n k Co., No. 4 Exchange Court, B. firant Drafts, issue Letters TOWNSEND, Agent, 1*1. Canad* AQENCT OF THE BONO KONO. N Y. Correspondents.— Mes.rs. BLAKB & Kimball JOUN Shanghai of Credit for use of Travelers, and negotiate or collect Bills puyableat Bombay, Calcutta, Singapore, Saigon Manila, Hong Kong. Kooohow, Ainoy, Nlngpo, Shanghai, llankow, Yokohama, Uiogo, Sau Francisco and London. A. in Neiv York Asency, 48 ExcbanKe-pIaee. BISNRY HAGUE ) .„.„,, Afient*. t5,000,000 1,800,000 OFFICE, makes collecthms parts of the world, BANKING COUPORATION. Special attention to business of country banks. R. Banklnit Comp'7. and elsewhere, and issues Drafts payable at any of the offices of the bank in Canada. l>cniand Draft* Issued payable in Scotland and Ireland, and every description of foreign banking business undertaken. I BANKERS AND BROKERS, f Xfall St., Cor. LONDON, KNO.-The Clydesdale Maaagcr CITY RAILROAD STOCKS & BONDS NEW YORK-The Bank of New York. N. B. A. The New York Agency buys and sells Sterling Exchange, (;able Transfers, ibsues Credits available In BOUGHT AND SOLD. HEAD Collect Coupo.vs axd DiriDiNoa; A. H. Brown Y©KK. RB8EUVK S'UND SAILBOAD INTESTUjEyT SECURITIES: OFflCE, nONTRBAL. OBOROE HAGUE, General Manager. WM. J. INGRAM, Asst. General BANKKKS: N*. 146 BROADlXrAY, CAPITAL (paid-up) I HEAD L. Grant, NEW •5,500,000 Paid Up. the Hon. JOUN HAMILTON. Vloe-Pmldent, JOHN McLBNNAN, SSQ. BUTTKICK, Member of the N. Y. Stock Exch'fie Co., 3IERCHANTS, or CANADA. dc Wh. Ellih.1 n. Mem ber of the N, Y. MiolnK Exeh'KS : JOBK Merchants' Bank Elliman, 39 IVall St, New York. Capital, BONDS, STOCKS and INVESTMENT 8ECUBITIK8 BOUUUT and sold UN COMMISSION. President, Noa. 37 Wm. B.Kendall, Henry Sanger, Alex. McCue, Chas. II. Marvin, A. A. Low, John P. Bolfe, B. F. Knonlton, Abra. Jl.Bayils. lienry K.aheldon, H.B. Pierrepcmt. Dan'lChauncey, ,John T.Martin, Alex. M. White, Josiah o. Low, lilplcy Hopes, Austin Corbln. Edmund W. Corlies. WM. K. BUNKER, Secretary. & Buttrick BANKERS AND BROKERS, HlPLKY HOPES, President. CHAS. K. MAKVIN, Vlce-Pres't. TRUSTEES formoney, Canadian Banks. Finaneial. Financial. BOSA.VyCKT, Co., Street. Parker 1 BANK OV MONTREAL, SALT* Lombard 69 Wall Street. Promptest attention paid to collections payable In any part of Canada. Approved Canadian business paper, payable in gold or currency, discounted at the Head Office on reasonable terms, and proceeds remitted to any part of the United States by draft on New li^ork. 78 & Stackpole, BANKERS, | No. 68 I I DEVONSHIRE STREET. BOSTOIV. : CHKONICLE. THli. Pbtladelplita Bankers. Boston Bankers. Geo. Foote & French, BANKERS, AND DBALBRS BONDS, ORDERS MXBOVTED IS NBW YORK, PHILADELPHIA, Ko. COXGRESS STREET AND 2 CONGRESS SQUARE, OFFICE OP TUB ATLANTIC Dealers in all Issues of United States Bonds. Investment Securities a specialty. Correspondence Invited and full information upon financial subjects furnished. Mutual Insurance Co., BANKERS, NEW VORK. Company, submit the following Statement December, 1880: Premiums on Marine Risks from the of Its affairs on the 31st MILLEU. B. !>. WILLIAMS, JNO. CHA8. H. MILLEU. St., & Thos. P. Miller BOSXON. Ist January, 1880, to 31st December, 1880 $4,232,075 04 Premiums on Policies not marked off 1st January, 1880 1,495,947 23 Bankers. Soiitiicrn P. . Total Marino HILLIB Geo. h. Holt. Geo. Wm. BALLor. & Brewster, Basset rt «... , ^ t\ t; H , ber, BURRUSS, Prest, E. B. Walker, A. K. Cashier. all Pi. €. other Stocks STOCK EXCHANGES. & Co., R. H. IllAURY IN GOVERXMKNT SECURITIES County and Railroad Bonds. & Tower, Giddings B Co., ANKERa, New York Morton, JOHN Cash. P. BRANCH, President. Fked. B, Scott, Vice-Pres't. BRANCH & Baltimore Bankers. THO:nAS CO., BANKERS AND COMMISSION MERCHANTS, RICH.^IOND, VIRGINIA, W.S.Whiteley,Jr.&Co. Information on all classes of Southern Securities, especiallj State Bonds, Tax Coupons, &c. Cur- BROKERS, respondencc AND BONDS, AND DEALERS IN FOUKIGN EXCHANGE, Corner South and German Streets, BAIiXliMORE, JTID. Correspondence Invited and full information on financial subjects furnished. J.WlLLCOX BROWN. C. D. No. 19 •p. O. Box 874. Robert Garrett & Sons, & Co., BANKERS AND BKOKBR8, and YIBQLNIA BKCURITIKS InforiLatlon a N. I CoitxxaPOHnsaTi—McKlm Brothera , * fur. Oa. By cruder of the J. H. STREET, is Board, CHAPMAN, TRU & W. H. H. Moore, Lewis Curtis, Charles H. Russell, James Low, David Lane, Gordon W. Bumham, A. A. Raven, Wm. Co., ST, liOUIS, Sturgls, Benjamin H. Iflo. Western Investment Securities H. R. Prather D. Jones, Charles Dennis, J. Adolpli Lemoyne, for St. Louis City and States of Missouri. Kansas, Texas. Arkansas and Colorado Bonds a specialty. Full Information given In reference to same on aplloation. Coupons and dividends collected. 86 ipejialiv. and P. F. Keleher REAI. ESTATB BALTIKiORE. solletted S. C. sale. • Oorrt cpondence BlBhed. CHARLESTON, First-class BAI.TIITIORX:. WVK8TMKNT CIIARLEST02V, Natioxal Baxkixo Association, 305 OI^IVE TRANSACT A .GENERAL DOMESTIC AND FOREIGN BANKING BUSINESS. Wilson, Colston WM.C.CouHTNEy, Pres. EbxestH. PHixGLE,Cash IVestcrn Bankers. BANKERS, SOUTH STREET, No. 7 kinds of Investment Securities outright or on commission. Information furnished. Orders and correspondence solicited. sell all Special attention given to Collections. GEKMAN STREET, BALTIinORB A DIVIDEND OF FORTY PER CENT declared on the net earned premiums of the Company, for the year ending 31st December, 1880, for which certificates will be issued on and after Tuesday, the Third of May next. AUGUSTA, GEORGIA. BAAK OF of Secretanr. RIIIlVD, Lowndes. Brown & Lowndes, BANKERS AND BROKERS, I STOCK AND BOND BROKERS, Buy and and the issue of 1876 will be redeemed and paid to the holders thereof, or their legal representatives, on and after Tuesday, the First of FeUruary next, from which date all Interest thereon will cease. The certificates to bo produced at the time of payment and canceled. solicited. HARRIS & STOCKS, NOTES the outstand- be paid to the holders THE OUTSTANDING CERTIFICATES Buy and sell Government, State, Municipal and Railroad Bunds and Stacks, ic. Virginia State TuxUeceivable Cuupuns bougtit and sold. All orders proniptlv attended to New York Correspondent, VERMILYE A CO. J. B. PEE CENT INTEREST on thereof, or their legal representatives, ou after Tuesday, the First of FebiMary next. Collections made on ^11 Souchern points on best terms; prompt returns. BOSTON. Orders for Stocks executed in Boston, and other markets. CO., MERCII.\NTS' NATIOxVAL BANK, RICH.IIOND, VIRGINIA. DEVONSUIKE STREET, No, 83 $12,008,336 71 certiflcates of profits will RICHMOND, VIRGINIA, DKAuERS State, City, &. SIX 470,000 00 337,977 37 Amount STOCK BROKERS, STATE STREET, BOSTON. 40 CashluBauk RICH.HOND, VA. SOUTHER}! SECURITIES A SPECIALTY. 1,187,900 00 1,628,921 34 ceivable MAIN STREET, No, 1104 $8,983,558 00 otherwise Real Estate and Claims due the Company, estimated at Premium Notes and Bil.s Re- Schoolcraft, STOCK BROKERS, Al 80, Chas. A. Sweet & assets, viz.: Loans secured by Stocks and parts of the United States^ K05»T0X. Campbell 98 $873,113 96 The Company has the following United States and State of New York Stock, City, Bank and National Bank, made on Collections i{;2,071,233 Returns of Premiums and expenses of Liverpool, Liverpool. «iHKK'<, DrnlcVH in I>lunicipal, State, Railroad and r'liilKfl ^-tllteH Bonds, $4,141,037 80 penod payment. Correspondents.— German- American Rank, New Tork; Louisiana National Bank. New Orl'jans; Bank WILlllNU'rnfN, MEMBERS OF THK NKW TOUK AND BOSTON 1880 Losses paid during the same Special attention paid to collections, w^vh proiaM remittances at current rates or ezchangti on aay or First ^ ('«'^<.tt >..<» .j.i Co., $5,728,622 27 off from 1st January, 1880 to 31st Decem- Co., BANKERS. RAILROAD and MUNICIPAL SECUtilXkES For Sale. Premiums Premiums marked mOHlLK, ALABAJTIA. '>KPO»IT« RBCEIVKn jkVI> JNTRBSAT AT-r.OWKD. Chuice January 25, 1881. Tlie Trustees, in conformity to the Charter of Collections promptly attended to. Correspondents carefully represented at Auctions and Private Sales. Bonds of fcoud but not wellknown railroads always wanted for investments at the best rates. Orders on martrins not entertained. THOS. 72 Devoniiliire NEW YORK, No. ^07 Walnut Ptece, PHILADELPHIA. Government. State, Municipal and Railway Bondt and Stocks boufcht and sold at all the K.^cnanKCS. Investments prudently made in sound railway ae- <iieo.WBii.Ballou&:Co 14 IVall Ktreet, Insurance. curltiert. BOSTON, MASS. HXXU Bboemakkr. Jos. M. A. P. Turner & Co., BANKERS. BOSTON, Ko. 7 Thohas. BANKERS AND STOCK BROKERS, PHILADELPHIA. 134 South Third St., OF ALL ISSURS. OOilitlSSIOX C. Thomas & Shoemaker, IN GOVERNMENT Vol. & Co., AND INSrRANCE, SIXTH AVE., WEST OF KAN. AVE., XOPEKA, KANSAS. Loans negotiated. Collections made. Taxes paid. Municipal Securities bought and sold. Field, Josiah O. Low William E. Dodge, Royal Phelps, Thomas F. Youngs, C. A. Hand, John D. Hewlett, WUUam H. Webb, Charles P. Burdett, J. D. S.T EES Horace Gray, Edmund W. Corlies, John Elliott, Alexander V. Blake, Bobt. B. Mlntum, Charles H. Marshall, George W. Lane, Edwin D. Morgan, Robert L. Stuart, James G. De Forest, Samuel Willetts, Charles D. Leverlch, WUliam Bryce, William H. Fogg, Peter V. King, Thomas B. Coddington, Horace K. Thurbor, William Degroot, Henry Collins, JohnL. 3EUker. JONES, President OHARLES DENNIS, Vice-President. W. H. H. MOORE, 2d Vice-President. JL A. lUVEN, 3d yiofr-Frosldent. : Afkil 30, 1881. THE CHRONKXE J Commercial CardM. Insurance. HOME ( ' Insurance Brinckerhoff, & Company Colt«n. Turner COWDITION OF THE COMPANY ON THK FIRST *^ DAY OF JANUAKY, 1881. $3,000,000 00 Unearned Premiums 1,931,273 00 289,980 16 LoMea 1,639,245 98 CASH CAPITAL And all $6,860,505.14 SUmiHARV OF ASSKTS the United States, arallable for the PAYHeld KIUB and for the protec MKNT of LOSSKS by of FIRB INSURATOJS: tlon of Policy-Holders |2v.8,110 07 Cash In Banks In mortitttnes. bclnii first lien real estate (wi.rth $4.a«fl.0.'i<)) on I,8«1.808 00 United States stocks (nmrket value).... S,584.0IJ0 Bank and railroad stocks (market value) 407.442 1W2, lOO State and municipal b'ds (market value) Loans on stocks, pavable on demand SM.flSO (market value »5«B.:)6» 00) .SO.OgJ Interest due on Ist January. 1881 .. Balance In hands of a«ent» li?'2S 61.968 Real estate , Xotal 00 60 00 63 B8 1? 61 W,860,S06 14 CHAS. J. nARTIN, President. J. H. WASHBURN, Secretary. kind! of Schroeder, ^^U, B»(-01NG.KAVKNS l)i;(:K,hAlL TV'INKS • "OWTARIO 8KAM1,KP8 BAW» ' • . "AWNTNO 111 Pearl Street, New York. Special att«ntlro paid to the execution of orilert OOTTON CANVAS, FHLTINO DUCK.l'AKCu- Kh ReserveSfor Unpaid Neteurlilus..... Bonds and & Ware COTTON SAILDUCK BHOWINO THE CashABseU a ILL! AT BCHBOBVSa WARS. II. OOTTON COMMISSION MERCHANTS, BROADWAY. Piny-Finh Seml-annnal Statement, KeBervfe.for IICNUr Co., OF NKIV YOKK, OFFICE, 119 Tii cr the purchase or sale of contracte for fntare de> Urery of cotton. Liberal advances made on coo I tir n BTKIfKfi,- m enta . WU. MOHR. U. W.UANKMAMK. CLRHHTSriSCBBB Alao, Auent> <«nipaii|. I'nilrd States Biinilns Mohr, Hanemann & Co., COTTON BROKERS, E.R.Mudge,Sawyer&Co 13S PBARL 8TRKET, AGENTS FOR Widths aaa r*j)l .<ut,()lr all «iw„ir. in suiek. I'lulors Washington mils, Chicopee mfff. Co. Burlington AVooleu Oo., New Ellerton HEW mills, Atlantic Cotton mills, Saratoga Victory nrs. Co.. ocean mills, Peabadf iMIlls, A.ND Iloslerjr. Slilrts and Drawers From Various Mills. Special attention Rlren to the ezeentlon of W.C. Watts. David Haswili.. Chab.W. Watts Tbomas J. Slauohtih, Special. Watts, Haswell 86 STONE STREET, Slcaiusliips. OB- FO R FUTDRB CONTRACTS. I>E RS BOSTON, NK%V YORK, IS Chao.vcky Sprekt 43&45 White Sthekt, PHILADELPHIA J. W. DAYTON. 248 OHIST.VirT Htrkbt. TORK. & Co., NEW YOKK, COTTON FACTORS ONLY AND COnnriSSION nERCHARTS, Direct Line to France. GENERAL TRANSATLANTIC CO. BETWEEN NEW YORK AND HAVRE. Pier (new) No. 42 North River, Foot of Morton Street. Travelers by this line avoid both transit by EnKllsh Railway and the discomforts of crosslnK the Channel in a small boat. . i, ,, „ „Wed., April 2 ,.4 P.M. 8T. I,AUIIKNT. Servan Wed.. May 4.10 A.M. AMKKIOUK, Santelll Wed.. May U, 3 P. M. KRANcfi. Trudelle PllICK OH PAaSAUE. (InchidlnK wine; To Havre— First cabin. »100 and $120; second cabin. »TO. Steeriuie »2«. includinx wine, bedding From Watts, Hasirell & Co. will make advances on Cotton and other Produce conslKned to them, or to C. Watts A Co. Special attention given to the ezeentlon of orders for the purchase or sale of Cottos n Liverpool for future delivery, etc. W ^iu\ Wm$* MEDAL, G(OZJ> W. PARIS, 1878. nia Celebrated yuvi bers^ S03-404- 70-35 -332, WATTS & C. I I CO., BROWN'S BUILDING, LIVERPOOL. 16 Hughes, Carter & Co., : COTTON BUYERS. and utensils. Return tickets at very reduced rates. Checks drawn or. Credit Lyonnals of Paris In amounts to suit. HiUAM Pool. FOR MARSEI1.LES, UTUALM TOnCHINO AT OlBUALTAtt AND BARCELONA. The following steamers will leaveNew York direct for tiibrailar and Marseilles, taking freight and passengers CAI.DEHA. May 8 May 22 Beville 1'. I). Ports, including Barcelona. Algeria. Tunis, Genoa, lyoghorn. Naples, Messina; also, for Trieste and Constantinople. LOUIS DE BEBIAN, Asent, No. 6 Bowllnn Greeo. Commercial Cards. Wright, & Bliss Fabyan, PURANCECOMIi: ENDOWMENT AS FAVORABLE AS THOSE 01 ANY OTilER COMPANY. ORGANIZED APRIL IZT.h 1842. )N.T£BJMS MMIS0Y£R$8a0OaOOC WouKS AT Okiknt, L. RiOHMONU, Ya. New Tork, Boston, Philadelphia, SBLLINO AGENTS FOR LEADING BRANDS and The Atlantic & ' KlTHEKA" •Orient." Virginia for Export Trade. George A. Clark Amhoniated Bone Sdpgrphosphate of Liue, & Bro., '<ORIKNT COMPLETE MANURE," And want H Rood wnrkintt lurent In every thrivln« cotton, tobacco, urain und truck Krowing county. Apply (with reference) t<» CRBVSHAW, PreaU, Crenshaw Warkhocse, RIohTnond, Va. & Co., Special attention given to the exeontion of ord«TB for the purchase or sale of Contracts for Fntnr* deliv ery. & Parisot Campbell, TICKSBVRG, miss. Orders to Purchase Cotton In onr market soltciteA Refer to Meun A »TILLMAjr WOODWARD New rork. Wm. NASHVILLB. TENNESSEE. Special attention given o Splnnera* orders. spondence Corre- BOllcited. RBrsBKNCKs.— Third and Fourth National Banks and Proprletora of Thk Ghbonioli. A. L. Leman & Co., COTTON BROKERS, No 160 SECOND STREET mACON, GEORGIA. Entire attention paid to purchase and shipment Cotton on order for Spinners and Exporters. Best of references Xuraisbed. Correspondencf solicited. Felix Alexander, COTTON BROKER, AVGITSTA, GEORGIA. Entire attention given to purchase of COTTOii for SPINNERS and EXPORTKiiS nv OKDBR References :— National Bank of Angnsta, Georgia COAinilSSION IVBROHaNTS iniLTVARD'S HKLIX NEEDLES 400 BROADWAY. NKW YOKK. rork. Foulke, COBBSSPONDBKCK SOLICITBD. COTTON New & COniHISSIOIV niERCIIANTS, 21 PEARL STREET, NKW TORK. DV. G. John F, Wheless no. 11 Old i»Up, Orders executed at Cot Liverpool New O rleans and Cotton Factors, ANIJ <te., Johnston. &o. Tewels, QulItH, White Goods and Uosierr, Drill*, Sheelings, solicited iD_N._y^., Bennet offer their standard brands PRINTS, DENIMS, TICKS, DUCKS, 8. Johnston, STONB STRBET. NKW YORK. 5 ton lutchanges Fertilizing Co. BROWN AND BLEACHED 8HIRTING9 AND SHEETINGS, I., & COTTON COMMISSION MERCHANTS, OF NEW YORK, F.S.WINSTON, PRESIDENT SSUES EVERr APPROVED DESCRIPTION O POLICIE LIFE AND Bartlett Pool Consignments Hanterine June 8 VILLB I)K MARSKII.LKS. Cahnur Rates of Passage— First cabin. $100; steerage. $32. Througli bills of lading Issued to Mediterranean FKRI). I>E I,K-SKPS, MERIDIAN, MISS, ALA. niOBIL,E, Henry HenU ft Co., Commission Merchanu New York; William B. DanaA Co., Proprietors Coi<»* otAL AND FiNANOiAi. Chsohiolx, and other New Yoik Houses. THE BROWN Cotton Gin Company,. NEir LONDON, CONN., MANDFACTURKRS OF THE OELEBRATBn Brown Cotton Gins, Gin Feeders umH Condensers. COTTON GDsS TOE EXrOET. „ THE CHRONICLE. nu Cotton. Cotton. Woodward & Stillman, SEAMEN'S BANK BUILDING, & Noa. 74 CHA8. INMAN,SWANN&Co GENERAL COMMISSION MERCHANTS LOANS niADE ON ACCEPTABLE ». HOHOBST, New No. 125 Special attention paid to the execution of orders York. ReceiTeConsigtiments of Cotton and other prodnc« LIBERAL ADVANCES MADE. LOANS MADE ON SOUTHERN SECURITIES. InsiirHficc. JKTNA delivery of cotton. & Graham WATERS & Farley, 34 Broad Street, New York. INVESTMENT SECURITIES BOUGHT AND SOLD FOB A COMMISSION. &. FINANCIAL AGENTS 132 Pearl O Box F. York. Advances made on Consignments, Special personal attention to the purchase and sale f COTTON BUYERS, MONTGOMERY, ALA. • CUNTIiACTS FOlr; FUTDKK DELIVERY OF & Geo. Brennecke Tames F.Wenman& Co., COTTON KROKEB&, Tontine Building) 1840. Co., PuTCEE Contracts a SrEciALiy, Geo.H.McFadden & Bro 121 Cbentnnt St., Street, New York. Orders for Spot Cotton and Futures promptly exe 111 Pearl Street, Neir York. 117 Pearl Liberal advances on consignments of Cotton for Bale In New York or Liverpool. Especial attention given to Sale and Purchase of Future Contracts, both In New York and LIVERPOOL, on reasonable terms, and profits paid as soon as realized in either market. Gwynn & Co. oated WALTER & KROHN, 53 AZBAHAU ft New Orleans, La. Jemison S. & BANKERS OOKimSSION IHERCHARTS, EZCHANGE PLACE, & P. Billups Co., COTTON Sc 76 lYall Bank (BVAMf'X'S SAYINGS NEW Street, : H. 99 New NEW FORE & Tileston Co., ST04!KS, BONDS, &c. WILLIAM STRBKT, NEW YORK. ( 0.'d(rt in " FtJtnrea" execmted at N.Y.Cotton Bxoh : SOLON HUMPHRKTS, Ch'r'n.(B. D.Morgan A Co DAVID DOWS, Esq. (David Dows & Co!) FABBRI, B. P. Hon. 8. B. Esq. (Urexel, Morgan &Co.) CHITTENDKN. EZRA WHITE, Esq. J. J. ASTOlt, Esq. CHAS. E. WHITE, SAM. P. BLAGDE>, MANAGERS, Office 54 IV^illlam St., Nevr York. LyOfHinercial Soutb William New 8 St., ALFRED Advances made on Consignments to JSewsrs. JAMES FIN LAY tc CO., FINLAY, mVIR Ic CO., CALCUTTA AND BOMBAY. CONTRACTS FOR FUTURE DELIVERY COT. TON bought and sold on commission in New York and Liverpool; also at New Orleans through Messrs, Samuel H. Buck & Co, Waldron & Tainter, GENERAL COTTON MERCHANT 97 PEARL STREET', NEW YORK. ' & 39 Wall Whiting Paper Co., HOL.VOKE, MASS. l,eda:er and Record Papers, machine Hand-Made Papers. Papers. Parchment Antique BaakeiV Plated Papers. Bond Papers. AGENTS JAMES 45 D. WBITnORE STEEL AND CHARCOAL IRON of superior qnalitj suitable for MINING AND n<^I8TINQ PURPOSES COTTO;!? 13« W'^ V^\ _u Inclined Planes, Transmis..,^i,/AAl,iV\ LIVERPOOL, ion of Power, Ac. ';ilvanized BROKERS, PEARL STREET, NEW YORK« Ciiiircc^al Also, and B for Ships' RlpKinj^, Sus. ..n..r,i>fPOnston Bridges, Derrick jJpJ/r*'»Guys, Ferry Itopt^s. &c. ^^//*s Af larKC stock constantly ou from wiiich any de.^^^ .^yvS^ff liaiirt sired are lengths cut ^fS^^^^i-j/ A •> Co., CO., Wir e Rope. COMMISSION MERCHANTS, & &. BEEKMAN STREET. NEW YORK. B.F.BABCOCK&CO. Geo. Copeland Stre^.f lIIUeellaneon§. orders executed at N. Y. Cotton Exch'ge Receive consignments of Cotton and other Produce, and execute orders at the Exchanges In LiverpooU Represented in New York at the olhce of BABCOCK BROTHERS * CO., se Waix Stbuct. PELL, Resident Manager., Texas. Yorkv Ca Ins. (OF LOiVDOiV), York. & 17 Water Street, YORK. EDINBURGH. United States Board of Mauage-aient) Co., SI' GENERAL COKimiSSION HERCHANTS, Buildins,) ripedal attention given to the Purchase and Sale Of Contracts for future delivery of Cotton alag execute orders tor Purchase and Sale of Stocks and Bonds for Southern account. COTTON, Slip, Henry Hentz Futu e COMMISSION MERCHANTS Nob. 74 No. ,0 Old inessr«. and otlier produce consigned to us, or to our correspondents in Liverpool, Messrs, il. Newgass & Co, nd Messrs L. Rosenheim & Sons. Co. Ins. OF AJiS> Union Also execute orders for Merchandise through Srden exeeated at the Cotton Exchanges In New Torkand L,iyerpc9l aid advaaces made on Cotton British Mercantile LIVERPOOL, LONDON AND GLASGOW. Ne^r York. J. & COTTON COMMISSION MERCHANTS MOODY & JEMISON, Galveston, Montgomery, Ala. LEHMAN BRO'S, Cotton AND Factors 40 North LXBKAN, Drss A CO Ck>„ York. Co., AND UtHKAir, New JAS. A. AI.BXANRER, Agent. BEAVER ST^EBT, NEVT YORK. E. Y. $3,729,271 92 St., COTTON BROKERS, COTTON FACTORS COMMISSION MERCHANTS 1,694,801 80 3,000,000 00 NETSUEPLUS No. 3 Cortlandt Pblladelpbla. Perkins & Co., COMMISSION MERCHANT, DennisCOTTON BROKERS, $7,424,073 72 losses Capital L.ONDON COTTON FACTORS AND COMMISSION MERCHANTS, Robert Murdoch, strert, N. 1, 1891 unpaid and re-Insurance lund No. 110 Pearj Street, Nen^ York. No. 146 Pearl Street, near TTall, N. Y 140 Pearl Assets January COTTON BROKERS, PtmCHASE ONIT ON ORDERS, FOR A COMMISSJON Fielding, OF HARTFORD. Liabilities for New 3,909. COTTON. CO., Street, Company Insurance AND COTTON COMMISSION MERCHANTS, (in H. J. COTTON FACTORS, COMMISSION MERCHANTS, CO.) AND H. CLISBY W. & Co., H. BANKERS Established PEARL STREET, Special attention given to orders for the purchase lor the purchase «r sale of contracts for future JOHN BABBBTT. and »ale of Contracts for Future Delivery of Cotton. made on Consignments. (Successors to R. M. K. tiew York. SECrRlTY. Jno. C. JOHX C. F. Hohorst & Co., COTTON COMMISSION MERCHANTS Cotton Kxchan£;e Building, 101 Pearl Street, 30, 1881. Cotton. COTTON COMMISSION MERCHANTS, 76 YORK. ^Tall Street, NEW Xnieral advances [Apbil ^a FLAT STEEL AND IR0» ^»s:^„>/» ROl'BS for Mining pur- poses manufactured to order. JOHN W. nASON & CO., 43 B^ntdway, Ne^v York.